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STOXX Ltd., the operator of Deutsche Boerse Group’s index business and integrated index provider, has 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.
The changes resulting from the annual Emerging and Developing Markets Country Classification review will become effective at market open on September 19, 2016. As a result Greece will no longer be classified as a developed market. Therefore Greek companies will be excluded from the STOXX Global 1800 Index and all related sub and sector indices from this review on. Furthermore, Hungary will no longer be classified as an emerging market and Vietnam will be classified as an emerging market.
Effective as of the open of European markets on September 19, 2016, the following stocks will be added to and deleted from the STOXX Europe 600 Index and its respective size and sector indices:
As of July 29, 2016, the total free-float market cap of the reconstituted STOXX Europe 600 Index increased from 7.2964 trillion euro to 7.3013 trillion euro.
The STOXX Global 1800 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index are also part of this regular quarterly review. Additions to and deletions from these indices can be found here.
Furthermore, the STOXX Europe Total Market Index, STOXX EU Enlarged Total Market, STOXX Eastern Europe Total Market and STOXX Eastern Europe 300 indices are also part of this regular quarterly review. Their new composition can be found on the respective page at stoxx.com on September 19, 2016.