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STOXX Changes Composition of Benchmark Indices

Traders Magazine Online News, December 5, 2017

John D'Antona Jr.

STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, recently announced the new composition of STOXX Benchmarks and their sub and sector indices, among them the STOXX Europe 600 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index.

Effective as of the open of European markets on Dec. 18, 2017, the following stocks will be added to and deleted from the STOXX Europe 600 Index and its respective size and sector indices:

Additions

Deletions

KONECRANES (Finnland, Industrial Goods & Services, KCRA.HE)       

HIKMA PHARMACEUTICALS (UK, Health Care, HIK.L)

HOMESERVE (UK, Industrial Goods & Services, HSV.L)

NCC B (Sweden, Insurance, NCCb.ST)

NMC HEALTH (UK, Health Care, NMC.L)

UNIPOLSAI  (Italy, Insurance, US.MI)

BE SEMICONDUCTOR (Netherlands, Technology, BESI.AS)

PROVIDENT FINANCIAL (UK, Financial Services, PFG.L)

SILTRONIC (Germany, Technology, WAFGn.DE)

MEDIASET ESPANA COMUNICACION (Spain, Media, TL5.MC)

DELIVERY HERO AG (Germany, Retail, DHER.DE)

POSTNL (Netherlands, Industrial Goods & Services, PTNL.AS)

REMY COINTREAU (France, Food & Beverage, RCOP.PA)

JM (Sweden, Real Estate, JM.ST)

PIRELLI & C. S.P.A.(Italy, Automobiles & Parts, PIRC.MI)

DEUTSCHE EUROSHOP (Germany, Real Estate, DEQGn.DE)

ALTRAN TECHNOLOGIES (France, Technology, ALTT.PA)

AA PLC (UK, Industrial Goods & Services, AAAA.L)

The sector classification for the STOXX Europe 600 Index component BAYER (Germany, Chemicals) will change to Healthcare.

The sector classification for the STOXX Europe 600 Index component CLOSE BROTHERS GRP (UK, Financial Services) will change to Banks.

As of October 31, 2017, the total free-float market cap of the reconstituted STOXX Europe 600 Index increased from 8.4738 trillion euros to 8.4837 trillion euros.

The STOXX Global 1800 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index are also part of this regular quarterly review. Additions to and deletions from these indices can be found at:

http://www.stoxx.com/download/indices/methodology/fixed_component_changes.xls.

Furthermore, the STOXX Europe Total Market Index, STOXX EU Enlarged Total Market, STOXX Eastern Europe Total Market and STOXX Eastern Europe 300 indices are also part of this regular quarterly review. Their new composition can be found on the respective page at www.stoxx.com on Sept. 18, 2017.

The adjusted component weightings, including the number of shares and free-float factors, will be announced on Dec. 8, 2017 after the close of markets. All changes will be effective as of the open of markets on Dec.. 18, 2017. In the case of upcoming mergers and acquisitions occurring until the final implementation date, the composition of the indices may change.

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