The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) announces today the results of the semi-annual review of the OMX Copenhagen Benchmark index, (NASDAQ OMX Copenhagen: OMXCB), which will become effective with the market open on Thursday, December 1, 2011.
Århus Elite B (ELITE B), Gyldendal B (GYLD B), IC Companys (IC) and Royal UNIBREW (RBREW) will be added to the index.
Brøndby IF B (BIF B) and Scandinavian Brake Systems (SBS) will be removed from the index.
The OMXCB index is a free float capitalization index designed to act as a transparent and liquid benchmark for investors. OMXCB enables the investor to track the Danish equity market by only investing in 45 securities compared to the 186 securities that compromises the All-share index. This results in lower transaction costs and the index has proven itself by having a high correlation of 98.7 per cent with the overall Danish market during the last 5 years.
During the selection process the OMXCB constituents are chosen to provide exposure to all sectors on the Danish market. The securities must also meet other eligibility criteria including a turnover limit.
FTSE Mondo Visione Exchanges Index:
New OMX Copenhagen Benchmark Portfolio Selected - The New Portfolio Of The OMX Copenhagen Benchmark Index Will Become Effective On December 1, 2011
Date 10/11/2011