Semi - Annual Review of FTSE/ATHEX Index Series


 
May 21, 2020
 
 
Semi - Annual Review of FTSE/ATHEX Index Series

 

 

The Athens Stock Exchange and FTSE Russell announce the results of the semi- annual review of the FTSE/ATHEX Index Series for the period November 2019 - April 2020.

It is noted that

  • the annual review of the composition of FTSE/ATHEX Global Traders Index Plus and FTSE/ATHEX Mid & Small Cap Factor Weight Index was postponed until the next review (November 2020) following the decision of HCMC to give a two month extension (until June 30th 2020) to the issuers whose securities are admitted to trading on ATHEX to publish their annual financial reports of 2019.  Only investability weight changes to existing index constituents will be applied during the current review.
  • FTSE/ATHEX Sector Indices will reflect the composition of the new Industry Classification Benchmark (ICB) effective on the ATHEX securities market from July 1st 2019. 

In detail the changes are as follows:

  • FTSE/ATHEX Large Cap
    Zero (0) additions, zero (0) deletions and two (2) investability weight changes.
  • FTSE/ATHEX Large Cap Net Total Return
    Cessation of index calculation from 22/06/2020.
  • FTSE/ATHEX Mid Cap Index
    Two (2) additions, two (2) deletions and one (1) investability weight change.
  • FTSE/ATHEX - CSE Banking Index
    Zero (0) additions, zero (0) deletions and zero (0) investability weight change.
  • FTSE/ATHEX Market Index
    Seven (7) additions, one (1) deletion and five (5) investability weight changes
  • FTSE/ATHEX Sector Indices

All changes in the composition of FTSE/ATHEX Market Index will be applied in the composition of the relevant FTSE/ATHEX Sector Indices. 

Moreover, due to the transition from legacy to new Industry Classification Benchmark (ICB) the following changes to FTSE/Athex Sector indices will be implemented:

  • Name change of FTSE/Athex Oil & Gas index to FTSE/Athex Energy index
  • Name change of FTSE/Athex Personal & Household Goods to FTSE/Athex Consumer Products & Services
  • Creation of FTSE/Athex Personal Products
  • FTSE/ATHEX Global Traders Index
    Cessation of index calculation from 22/06/2020.
  • FTSE/ATHEX Global Traders Index Plus
    Zero (0) additions, zero (0) deletions and two (2) investability weight changes.
  • FTSE/ATHEX Mid & Small Cap Factor Weight Index
    Zero (0) additions, zero (0) deletions and one (1) investability weight change.
  • FTSE/ATHEX High Dividend Yield Index
    Zero (0) additions, zero (0) deletions and zero (0) investability weight change

The calculation of the new capping factors for the constituents of the following indexes will take place using closing prices of the session of Friday June 12, 2020.

  • FTSE/ATHEX Large Cap
  • FTSE/ATHEX Global Traders Index Plus
  • FTSE/ATHEX Mid & Small Cap Index
  • FTSE/ATHEX High Dividend Yield Index

All changes will be implemented after the close of business on Friday June 19 2020.

See all changes in the file attached.


Download the Press Release

 

 

 

About Athens Exchange Group

The Athens Stock Exchange since its establishment in 1876, consistently participate in the financial and business developments in the country.

Athens Exchange Group (ATHEX Group), provides support to the Greek Capital Market. ATHEX Group operates the organized Equities and Derivatves markets, the alternative market and performs clearing and settlement of trades.

The Athens Stock Exchange, through its markets, offers solutions and financing tools to businesses, expands investor choice by providing a safe, stable and easy environment in full alignment with international practices and the European regulatory framework. It has held the ISO 22301:2012 international standard for Business Continuity, for all its companies, including all its operations as well as the products & services it provides.

In a period that the role of stock markets in exploring alternative ways of financing business, at a European level, is significantly enhanced, the Athens Exchange Group has taken a series of initiatives to highlight the attractiveness of the Greek Capital Market and the Greek companies to the international investment community and expand the variety of investment opportunities.

Its shares are traded on the Main Market of the Athens Stock Exchange (Symbol: EXAE).

The profiles of the ATHEX Group and its markets can be downloaded from the link. More information can be found in the website www.athexgroup.gr.

110 Athinon Ave. 10442 Athens, Greece, tel +30-210 3366 800, fax +30 210-3366 101