The Amsterdam Exchanges Telecom Sector index (ATSX) is representative for the Dutch telecommunication sector. This index is composed of the most liquid stocks by effective turnover taken from the Telecommunications Services Sector.
Futures and options are planned to be introduced on the Amsterdam Exchanges Telecom Sector index (ATSX) in the third quarter of 2000.
The value of the Amsterdam Exchanges Telecom Sector index (ATSX) is calculated in the following manner: Multiply the last price fixed for each stock in the index by that stock's weighting factor; Add up the five resulting amounts;.Divide the sum of 2. by 100.
Following the listing of KPN Mobile N.V. on Amsterdam Exchanges the stock will enter the Amsterdam Exchanges Telecom Sector index (ATSX) effective on the stock's second day of trading. Therefore, following the close of business on KPN Mobile's first day of trading the Amsterdam Exchanges Telecom Sector index (ATSX) will be re-weighted to include KPN Mobile N.V..
Last year, Amsterdam Exchanges introduced the following sector indices: the Amsterdam Financial Secor index (AFSX), the Amsterdam Informatie Technologie Sector index (AISX), the FTSE Eurotop Banks Sector index (EBSX) and the FTSE Eurotop Information Technology Sector index (EISX). Options or futures are traded on these indices.
