The FTSE Europe, Middle East and Africa Committee approved the inclusion of five companies - Electrabel (Belgium), Veolia Environnement (France), Pernod Ricard (France), Vinci (France) and KBC Group (Belgium) - in the FTSEurofirst 80, the tradable Eurozone index. In order to rebalance the index, VNU (Netherlands), RAS (Italy), Banco Popolare di Veroni Novara (Italy) and Lanxess (Germany) are removed. There are more additions than deletions because at the time of the review, the index contained only 79 stocks, owing to the unification of Royal Dutch Petroleum and Shell Transport and Trading to create the single Royal Dutch Shell company in July.
The FTSEurofirst 100 Index, which covers the Eurozone and UK markets, has two additions: ENEL (Italy), Deutsche Post (Germany) and two deletions: VNU (Netherlands) and Lanxess (Germany).
The Committee also approved the following rebalancing changes to the FTSEurofirst 300 Index Series, the definitive benchmark of blue chip pan-European equities.
Additions | Deletions |
Telfonica Moviles SA, (Spain) | TF1, (France) |
Gaz de France, (France) | Public Power Corp, (Greece) |
Partygaming, (UK) | Dassault Systemes, (France) |
Banco Espanol de Credito SA, (Spain) | Wolters Kluwer, (Netherlands) |
Raiffeisen International Bank, (Austria) | Delhaize Group, (Belgium) |
Scania, (Sweden) | British Airways, (United Kingdom) |
Hermes International, (France) | Rentokil Initial, (United Kingdom) |
Autoroutes Paris-Rhin-Rhone, (France) | Dixons Group, (United Kingdom) |
Volkswagen (Germany) | Banca Fideuram, (Italy) |
PagesJaunes, (France) |
Further information about the changes to the FTSEurofirst index series is available on www.ftseurofirst.com.