Nasdaq, which operates the Helsinki Stock Exchange, informs about the changes to the OMX Helsinki Benchmark index. The changes will take effect on Monday, December 2 when the market opens.
A construction company is added to the index SRV. A used car dealer will be removed from the index Kamuxa cardboard manufacturer Forest Board and shipping company Viking Line.
The index consists of 50–70 of the largest and most traded stocks on the Helsinki Stock Exchange. The weight of the companies in the index is determined by the market value of the freely exchangeable stock. In the case of Metsä Board, for example, the large ownership of the main owner Metsäliitto reduces the freely exchangeable share capital, i.e. in English free floatia. Among other things, Metsä Board is included in the OMXH25 index, which includes the stock exchange’s most traded shares.
For example, OP’s Finland Index fund tracks the OMX Helsinki Benchmark index.
Source: www.arvopaperi.fi
