Amendments to the SMI Rules
The number of securities issues in the index shall now be increased to a maximum of 30 (previously, max. 25 issues). The market capitalisation of an issue included in the SMI must now amount to 0.45% (formerly: 0.5%) of the total SPI market capitalisation. In keeping with the new total number of issues, the criteria for expulsion and for new inclusion in the SMI have been adjusted.
The new SMI Index Rules take effect immediately and can be accessed at www.swx.com.
New inclusions in the SMI as of 2 October 2000
The existing SMI index basket shall be expanded to include the following share issues. In several instances, the SMI criteria were fulfilled only partially during the last four successive calendar quarters. However, the Index Commission is convinced that, as a result of this exceptional decision, the SMI will become more attractive and easier to adapt to changing investment attitudes.
Julius Bär Holding; Kudelski S.A; Compagnie Financiére Richemont AG; Serono S.AUnaxis Holding AG.
In addition, the Index Commission approved changes in the Small-, Middle- and Large-Cap indices as follows.
Issues moving up from Middle to Large
Serono I
Issues moving up from Small to Middle
Scintilla I; Kaba N; Swisslog N; Mikron N; Kühne&Nagel; Straumann N; Micronas N; Distefora I; ESEC I.
Issues relegated from Middle to Small
EG Laufenburg I; Zuger Kantonalbank I; Berner Allgemeine Versicherungen N; Sarna N; Von Roll I; Coop Bank; BIZ BL Ausland N; BIZ AM Ausland N; 4M N; CKW I; CKW PS; Miracle N; Zellweger I; Daetwyler I.
