On the basis of trading in the shares and equity certificates of stock exchange listed companies over the last six months, Oslo Børs has carried out a routine 6-monthly review of the allocation of listed companies to liquidity categories. The new allocations will come into effect from Friday 17 December 2010.
The allocations to liquidity categories provide an indication of how frequently the various shares and equity certificates are traded, which is very useful information for investors when making their investment decisions.
The rebalancing has caused the following changes in the OBX category, which is based on the 25 most liquid shares on Oslo Børs:
- Removed from the category: Kongsberg Automotive Holding, Songa Offshore, og DNO International
- Added to the category: Statoil Fuel & Retail, Gjensidige Forsikring og Schibsted
The number of companies in the OB Match category has been increased from 110 to 116 and the OB Standard category is increased from 44 to 45 companies. The increase can be explained by several new companies being listed in the last six months. The OB Equity Certificates category remains unchanged from the last review.
There have been seven new listings in the period from 1 June 2010 to and including 30 November 2010. In addition one company has transferred its listing from Oslo Axess to Oslo Børs and two more companies have been listed in December and these will also be a part of the categories. A total of seven companies were delisted from Oslo Børs over this period.
As of 17 December 2010, a total of 207 shares and equity certificates are listed on Oslo Børs.
The number of shares/equity certificates in the various Oslo Børs liquidity categories is as follows (figures for the previous period in brackets):
- OBX 25 (25)
- OB Match 116 (110)
- OB Standard 45 (44)
- OB Equity Certificates 21 (21)
About the liquidity categories:
The OBX category is based on the 25 most liquid shares on Oslo Børs. Shares
with a minimum of 10 trades per day on average qualify for inclusion in the OB
Match category. The OB Match category also includes companies that have entered
into liquidity provider arrangements for their shares where these arrangements
are approved by Oslo Børs. As of 17 December, 30 companies have such
arrangements, the same number of companies from the previous review in June.
Shares with fewer than 10 trades per day on average are allocated to the OB Standard category. Savings banks with issues of listed equity certificates make up a separate category.
The allocation of companies valid from 17th December 2010 (pdf, 192 kB)