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STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced component changes in the STOXX Europe 50 and STOXX Asia/Pacific 50 indices due to the fast entry rule. These changes become effective with the open of markets on December 24, 2012.
STOXX Europe 50 Index:
|
Addition |
Deletion |
|
CIE FINANCIERE RICHEMONT (Switzerland, Personal & Household Goods, CFR.VX) |
FRANCE TELECOM (France, Telecommunications, FTE.PA) |
STOXX Asia/Pacific 50 Index:
|
Addition |
Deletion |
|
NIPPON STEEL & SUMITOMO METAL (Japan, Basic Resources, 5401.T) |
PANASONIC CORP. (Japan, Personal & Household Goods, 6752.T) |
Today’s announcement regarding the component changes in the STOXX Europe 50 and STOXX Asia/Pacific 50 indices is based on the fast entry rule. Under the fast entry rule, all stocks that rank in the “lower buffer” category of the selection list during the quarterly rebalance will be eligible for fast entry into the respective indices, i.e. those components on rank 40 or higher for the EURO STOXX 50 and STOXX Europe 50 indices. Previously, fast entries were only possible for initial public offering (IPO) companies that ranked among the ”lower buffer” category on the selection list.
For further information on the STOXX indices, please visit www.stoxx.com.
