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Nasdaq (Nasdaq:NDAQ) announced today the updated results of the semi-annual review of the First North 25 Index (Nasdaq Stockholm: FN25) that will become effective with the market open on Wednesday, January 2, 2019.
Maha Energy AB A (MAHA A), Iceland Seafood International (ICESEA), IRLAB Therapeutics AB ser. A (IRLAB A), aXichem AB ser. A (AXIC A) and CELLINK AB ser. B (CLNK B) will be added to the portfolio. GomSpace Group AB (GOMX), HRC World Plc (HRC), Next Games Oyj (NXTGMS) and SaltX Technology Holding AB se (SALT B) will be removed from the index.
The FN25 consists of the largest and most traded shares listed on Nasdaq First North. Companies included in the FN25 are selected through a two-step process as follows:
- The 30 largest companies measured by market capitalization are selected.
- The 25 most traded shares within this pool, measured by aggregated trading turnover over a six month period, are then chosen.
FN25 is reviewed semi-annually in January and July.
The First North 25 Index constituents effective January 2, 2019 are:
| Aspire Global plc | Kvika banki hf. |
| aXichem AB ser. A | Maha Energy AB A |
| BIMobject AB | Nordic Leisure AB |
| CELLINK AB ser. B | Paradox Interactive AB |
| Cibus Nordic Real Estate AB | PowerCell Sweden AB |
| Cinnober Financial Technology | SamhAllsbyggnadsbolaget i Nord |
| Climeon AB ser. B | Sdiptech AB B |
| Detection Technology Oyj | Sedana Medical AB |
| Fastighets AB Trianon ser. B | Stillfront Group AB |
| Global Gaming 555 AB | THQ Nordic AB ser. B |
| Iceland Seafood International | Verkkokauppa.com Oyj |
| IRLAB Therapeutics AB ser. A | Vostok Emerging Finance Ltd |
| Kambi Group plc |
