STOXX Changes Composition Of Benchmark Indices
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.
Source: STOXX
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