MPO joins FTSE All-Share and Small Cap indices

By
Superuser

Macau Opportunities Ltd (MPO) was included yesterday in the FTSE All-Share and FTSE Small Cap indices.
The inclusions follow continued growth for Macau Property Opportunities with ‘adjusted NAV per share increasing 5.9 percent in the three months to 31 March 2014, driven by continued buoyancy in Macau’s property market,’ the company explained in a press release.
According to the company, MPO’s property has also made significant gains quarter-on-quarter with 6.7 percent increase, being valued now at 4.1 billion patacas.
The FTSE All-share Index is a capitalisation-weighted index that comprises around 1,000 of the companies traded on the London Stock Exchange. The FTSE Small Cap Index focuses on small market capitalisation companies.