08.24.2016

STOXX Changes Composition of Benchmark Indices

08.24.2016

STOXX.com –

ZURICH (Aug. 23, 2016) –  –  STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced the new composition of STOXX Benchmarks and their sub and sector indices, among them the STOXX Europe 600 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index.

As announced previously, the changes resulting from the annual Emerging and Developing Markets Country Classification review will become effective at market open on Sep. 19, 2016. As a result Greece will no longer be classified as a developed market. Therefore Greek companies will be excluded from the STOXX Global 1800 Index and all related sub and sector indices from this review on. Furthermore, Hungary will no longer be classified as an emerging market and Vietnam will be classified as an emerging market.

Effective as of the open of European markets on Sep. 19, 2016, the following stocks will be added to and deleted from the STOXX Europe 600 Index and its respective size and sector indices:

Additions Deletions
DONG ENERGY (DK, Utilities, DENERG.CO) THOMAS COOK GRP (U.K., Travel & Leisure, TCG.L)
PAYSAFE GROUP (GB, Industrial Goods & Services, PAYS.L) UNIPOL GRUPPO FINANZIARIO (IT, Insurance, UNPI.MI)
H. LUNDBECK (DK, Health Care, LUN.CO) BCO COMERCIAL PORTUGUES (PT, Banks, BCP.LS)
SCHAEFFLER AG (DE, Automobiles & Parts, SHA_p.DE) BCA MONTE DEI PASCHI DI SIENA (IT, Banks, BMPS.MI)
CENTAMIN (U.K., Basic Resources, CEY.L) KUKA AG (DE, Industrial Goods & Services, KU2G.DE)
MONCLER (IT, Personal & Household Goods, MONC.MI) ALPHA BANK (GR, Banks, ACBr.AT)
IMCD (NL, Chemicals, IMCD.AS) OTE (GR, Telecommunications, OTEr.AT)
LUNDBERGFORETAGEN B (SE, Real Estate, LUNDb.ST) EUROBANK ERGASIAS (GR, Banks, EURBr.AT)

As of Jul. 29, 2016, the total free-float market cap of the reconstituted STOXX Europe 600 Index increased from 7.2964 trillion euro to 7.3013 trillion euro.

The sector classification for the STOXX Europe 600 Index addition LUNDBERGFORETAGEN B (Sweden, Financial Services, LUNDb.ST) will change to Real Estate.

The STOXX Global 1800 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index are also part of this regular quarterly review. Additions to and deletions from these indices can be found at:

http://www.stoxx.com/download/indices/methodology/fixed_component_changes.xls.

Furthermore, the STOXX Europe Total Market Index, STOXX EU Enlarged Total Market, STOXX Eastern Europe Total Market and STOXX Eastern Europe 300 indices are also part of this regular quarterly review. Their new composition can be found on the respective page at www.stoxx.com on Sep. 19, 2016.

Changes are being announced today after the conclusion of a regular quarterly component review. The adjusted component weightings, including the number of shares and free-float factors, will be announced on Sep. 9, 2016 after the close of markets. All changes will be effective as of the open of markets on Sep. 19, 2016. In the case of upcoming mergers and acquisitions occurring until the final implementation date, the composition of the indices may change.

Please visit www.stoxx.com for further information.

Related articles

  1. Market Volatility Boosts Options Volume

    Equity index options had record ADV in the first quarter of this year.

  2. The GRSS acquisition strengthens the Euronext index franchise.

  3. FTSE Russell has published its country classification review for equities and fixed income. 

  4. The index marks STOXX’s entry into the digital asset space.

  5. The partnership accelerates the time-to-market for the delivery of customized solutions.