TASE:ELTRConstruction
Is Electra (TASE:ELTR) Undervalued On FTSE All World Index Inclusion?
Electra (TASE:ELTR) has been added to the FTSE All-World Index in US dollar terms. This event can draw extra attention from global index trackers and larger institutional investors.
Recent trading has been mixed for Electra, with the share price at ₪114.2 after a 30-day share price return of 11.09% but a 90-day share price return that declined 3.14%. Even so, the 1-year total shareholder return of 35.38% and 3-year total shareholder return of 60.84% indicate that momentum has been building...