Rebase of FTSE/ATHEX Index Series
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| April 28, 2016 | |||
| Changes in the FTSE/ATHEX Index Series | |||
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Aiming to increase the functioning, readability and effectiveness of FTSE/ATHEX Index Series, Athens Exchange and FTSE Russell - following a treatment that has been applied in the past for other FTSE/ATHEX Index Series ? decided to rebase
- FTSE/ATHEX Large Cap Index (FTSE) by multiplying its current value by 10
- FTSE/ATHEX Banks Index (DTR) and FTSE/ATHEX-CySE Banking Index (FTSEB) by multiplying its current values by 20
after the close of business on the 3rd Friday of June 2016 (17/06/2016).
After the rebase, indices will remain an accurate measure of ATHEX Market trading activity, along with improving the trading of the products that track the indices.
Clients with historic database values should apply the rebasing after the close of business on Friday June 17th 2016, and before start of business on Tuesday June 21st 2016, to ensure that records remain accurate.
High, low, open and close value for the index will also be affected while no official historic values will be issued.
| Download the Press Release |
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About Athens Exchange Group
The Athens 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 Derivatives 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.
Its shares are traded on the Main Market of the Athens Exchange (Symbol: EXAE). More information about the Athens Exchange Group, can be found in the links provided here, website, company profile and overview of the market.