Nasdaq (NASDAQ:NDAQ) announces today the results of the semi-annual review of the OMX Stockholm Benchmark index, (Nasdaq Stockholm: OMXSB), which will become effective with the market open on Tuesday, December 1, 2015.
Fingerprint Cards AB ser. B (FING B), Klövern AB Ser. B (KLOV B), Loomis AB ser. B (LOOM B), Mekonomen AB (MEKO), Pandox AB ser. B (PNDX B), SAAB AB ser. B (SAAB B) and Volvo, AB ser. A (VOLV A) will be added to the index.
Haldex AB (HLDX), Nokia Corporation (NOKIA SEK) and Rezidor Hotel Group AB (REXT) will be removed from the index.
OMXSB includes some of the largest and most traded stocks on Nasdaq Stockholm and the portfolio is represented by companies in all ten industries. Included stocks are screened to ensure liquidity and the weight of the stocks is based on the free float adjusted market value, which means that only the part of the share capital that is considered available for trading is included in the index.
The index serves as an indicator of the overall trend on Nasdaq Stockholm and offers a cost effective index that an investor can fully replicate and use as a basis for financial products. OMXSB is evaluated on a semi-annual basis in May and November, and the new index portfolio becomes effective on the first trading day in June and December respectively.