Oslo Børs has done its semiannual revision of the composition of the Oslo Børs Benchmark Index (OSEBX). With effect from 1 June, shares in five companies will be removed from the index, while 3 companies will be added. The number of companies included in the index from 1 June 2011 will be 59.
The Oslo Børs Benchmark Index is intended to be an investable index that comprises a representative selection of all the shares listed on Oslo Børs. Since the index is meant to be investable, shares included in the index must be relatively easy to buy and sell in the market at any time.
With effect from 1 June 2011, shares in five companies will be removed from the index, while three companies will be added to the index.
The following five companies will be removed from the index:
- BW Offshore Limited
- Fornebu Utvikling ASA
- Jinhui Shipping and Transportation Limited
- Songa Offshore SE
- Vizrt Ltd
The following three companies will be included in the index:
- Aker BioMarine ASA
- Golar LNG Limited
- Seawell Limited
See the new index composition here: http://www.newsweb.no/newsweb/search.do?siteLanguage=en&messageId=282536
The Oslo Børs Benchmark Index was introduced in 2001, and since that, the number of companies included in the Benchmark Index has varied between 52 and 81.
The next review of the Oslo Børs Benchmark Index will be in November, with effect from 1 December 2011.