Semi-annual review in the composition of ATHEX indices
The Indices'' Committee of the Athens Exchange (ATHEX), during its session on April 27, 2006, decided the following changes in the composition of ATHEX Indices within the framework of their regular semi-annual review.
It is reminded that the review regarding the composition of ATHEX Indices is carried out according to the application of the ?Ground Rules for the Management & Calculation of ATHEX Indices? for the evaluation period 01/10/2005 - 31/03/2006.
More specifically:
- In the ATHEX Composite Index as well as in the Composite?s Index Total Return Index the first 60 shares, which result from the numerical average of the ranking order of each share are participating per:
- Historical value of transactions (without block trades) and
- Average market capitalization of the evaluation period.
In addition, up to five shares of the same sector may participate in the composition of the ATHEX Composite Index.
- In the High Velocity Index may participate the shares of companies that present a velocity that is weighted with their free float percentage over 200% .
The new composition of ATHEX Indices will become effective as from the trading session of the ATHEX on Monday, May 8, 2006.
See the attached Table