STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced the new composition of STOXX Benchmarks and their sub and sector indices, among them the STOXX Europe 600 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index.
Effective as of the open of European markets on Mar. 20, 2017, the following stocks will be added to and deleted from the STOXX Europe 600 Index and its respective size and sector indices:
The sector classification for the STOXX Europe 600 Index component SFR GROUP (France., Media) will change to Telecommunications.
The sector classification for the STOXX Europe 600 Index component PHILIPS (Netherlands, Industrial Goods & Services) will change to Health Care.
As of Jan. 31, 2017, the total free-float market cap of the reconstituted STOXX Europe 600 Index increased from 7.6614 trillion euros to 7.6688 trillion euros.