Bringing you live news and features since 2006 

Information

STOXX changes composition of benchmark indices

RELATED TOPICS​

STOXX Limited has announced the new composition of the STOXX Benchmark and their sub- and sector indices, among them the STOXX Europe 600 Index, STOXX Americas 600 Index and STOXX Asia/Pacific 600 Index.

 
As announced previously, with this review the STOXX Americas 600 Index will be renamed to STOXX North America 600 Index as of 18 June, 2012. The index is a sub-set of the STOXX Global 1800 Index, and represents the 600 largest companies in the Americas portion of the global index. As it only covers Canada and the United States, the index will be renamed to STOXX North America 600 Index for clarity’s sake. The index universe of this index remains unchanged.
 
Effective as of the open of European markets on June 18, 2012, the following stocks will be added to and deleted from the STOXX Europe 600 Index and its respective size and sector indices:

Additions
OPHIR ENERGY PLC (U.K., Oil & Gas, OPHR.L)
HUGO BOSS PREF (Germany, Personal & Household Goods, BOSG_p.DE)
SPIRENT COMMUNICATIONS (U.K., Technology, SPT.L)
FREENET (Germany, Telecommunications,FNTGn.DE)
MOBISTAR (Belgium, Telecommunications,MSTAR.BR)
LEONI (Germany, Industrial Goods & Services,LEOGn.DE)
OC OERLIKON (Switzerland, Industrial Goods & Services, OERL.S)
FILTRONA (U.K., Industrial Goods & Services, FLTR.L)
QINETIQ GRP (U.K., Industrial Goods & Services, QQ.L)
HAVAS (France, Media, EURC.PA)
CABLE & WIRELESS WORLDWIDE (U.K., Telecommunications, CWP.L)
GSW IMMOBILIEN AG (Germany, Real Estate,GIBG.DE)
DE LA RUE (U.K., Industrial Goods & Services, DLAR.L)

Deletions
NEXANS (France, Industrial Goods & Services, NEXS.PA)
BEKAERT (Belgium, Industrial Goods & Services, BEKB.BR)
BANKINTER (Spain, Banks, BKT.MC)
MITIE GRP (U.K., Industrial Goods & Services, MTO.L)
SANOMA (Finland, Media, SAA1V.HE)
CHEMRING GRP (U.K., Industrial Goods & Services, CHG.L)
INDRA SISTEMAS (Spain, Technology, IDR.MC)
FAURECIA (France, Automobiles & Parts, EPED.PA)
CSM (Netherlands, Food & Beverage, CSMNc.AS)
MITCHELL & BUTLERS (U.K., Travel & Leisure, MAB.L)
ERAMET (France, Basic Resources, ERMT.PA)
A2A (Italy, Utilities, A2.MI)
BCA CARIGE (Italy, Banks, CRGI.MI)

As of 30 April, 2012, the total free-float market capitalsation of the reconstituted STOXX Europe 600 Index will remain unchanged at EUR5.15 trillion.
 
The sector classification for the STOXX Europe 600 Index components PHILIPS ELECTRONICS (Netherlands, Personal & Household Goods,PHG.AS) and TECNICAS REUNIDAS (Spain, Construction & Materials, TRE.MC) will change to Industrial Goods & Services and Oil & Gas, respectively.
 
 

Latest News

Vienna Stock Exchange has launched three new thematic indices: CECE Reshoring, CECE Commodity Producers and CECE Clean Energy, writing that..
Schwab Asset Management, the asset management arm of The Charles Schwab Corporation and the fifth-largest provider of ETFs, has announced..
Digital asset manager CoinShares International Limited has announced the launch of its hedge fund division, CoinShares Hedge Fund Solutions...
Despite a small contraction in assets caused by a complex market and macroeconomic scenario in Europe and at the global..

Related Articles

Nick King, Robeco
Europeam investment management giant Robeco has announced the appointment of Nick King as Head of Exchange Traded Funds (ETFs), in...
Kristof Gleich, Harbor Capital
Harbor Capital burst onto the ETF issuance world in 2021 and now has USD1.1 billion in assets in ETFs. But...
Europe’s thematic ETF provider, Rize ETF, has been acquired by ARK Invest LLC, the parent of ARK Investment Management LLC,...
Jeff Ringdahl, Resolute Investment Management
End of August saw the launch of alternatives firm Man Group’s first ETF, using its AHL systematic trading system to...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by