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The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) today announced that it has partnered with Affärsvärlden, one of Sweden's leading business magazines, for calculation of its Affärsvärlden General Index (AFGX). On April 1st the index was re-branded as OMX AFGX.
OMX AFGX is a broad market capitalized index including all listed companies on NASDAQ OMX Stockholm's main market. The index will be available through the GENIUM Consolidated Feed, NASDAQ OMX Nordic's market data system, and is calculated in real-time. OMX AFGX has an index history going back to 1901, when Affärsvärlden was first issued.
“We are pleased that Affärsvärlden has chosen to partner with NASDAQ OMX for their index, which is one of the oldest and most prominent ones in Sweden,” said Magdalena Hartman, Vice President, NASDAQ OMX Global Index Group. “We see growing demand for customized indexes and index calculation and are proud to add OMX AFGX as part of our world-leading index portfolio, which today includes more than 1500 indexes worldwide.”
“As Sweden's leading business weekly we want to ensure credibility of our index, and continue to grow our investor reach,” said Jon Åsberg, Chief Editor Affärsvärlden. “NASDAQ OMX has an unparalleled reputation and track record in the index space, and we are confident that Affärsvärlden as well as the investing public will benefit from our partnership.”
OMX AFGX is a price index and its base value was 100 as of December 29, 1995. The ticker code is OMX AFGX and the index' full name is OMX Affärsvärldens General Index.
