Changes to the composition of the Oslo Børs Benchmark Index (OSEBX)Markets, News, Stock Markets — By admin on November 14, 2013 at 1:32 PM
The Benchmark Index is intended to be an investable index that comprises a representative selection of all the shares listed on Oslo Børs. Since the index is meant to be investable, shares included in the index must be relatively easy to buy and sell in the market at any time.
With effect from 1 December 2013, shares in 4 companies will be removed from the index, while 3 companies will be added to the index.
The following companies will be removed from the index:
Hafslund ASA ser. B
Electromagnetic Geoservices ASA
Austevoll Seafood ASA
The following companies will be included in the index:
REC Solar ASA
Viewers can see the new composition here:
The Oslo Børs Benchmark Index was introduced in 2001, and replaced the former total index. Since this time, the number of companies included in the Benchmark Index has varied between 52 and 81.
The next review of the Benchmark Index will be in May 2014, with effect from 1 June 2014.