Stocks News Europe: TF1, PostNL to join STOXX Europe 600 index
27/11/2013 12:00
Index provider STOXX Ltd says it will make seven changes to its flagship STOXX
Europe 600 index .STOXX , to be effective at the open of European markets on
December 23.
Stocks that will be added to the index are poised to see buying interest
from exchange-traded fund (ETFs) providers and brokers selling derivative
contracts which replicate the benchmark, while stocks that will be deleted from
the index will see selling pressure.
The stocks that will be added are mostly up on Wednesday, with TF1 TFFP.PA
gaining 1.5 percent, while stocks that will be deleted are mostly down, with De
La Rue DLAR.L losing 6.3 percent and GSW Immobilien GIBG.DE down 3.5
percent.
See below a list of the additions and deletions.
Additions Deletions
RTL Group AUDKt.BR GSW IMMOBILIEN AG GIBG.DE
Luxemburg, media Germany, Real Estate
HISCOX HSX.L VALIANT VATN.S
UK, insurance Switzerland, Banks
OCI OCI.AS YIT YTY1V.HE
Netherlands, Construction & Finland, Construction & Materials
Materials
LANCASHIRE HOLDINGS LRE.L BIOMERIEUX BIOX.PA
UK, Insurance France, Health Care
JAZZTEL JAZ.MC BWIN.PARTY BPTY.L
UK, Telecommunications UK, Travel & Leisure
TF1 TFFP.PA DE LA RUE DLAR.L
France, Media UK, Industrial Goods & Services
POSTNL PTNL.AS AIXTRON AIXGn.DE
Netherlands, Industrial Goods & Germany, Technology
Services
Reuters Messaging: blaise.robinson.thomsonreuters.com@reuters.net
Keywords: MARKETS EUROPE STOCKSNEWS