Helsinki, Nov 10, 2014 — Nasdaq (NASDAQ:NDAQ) announces today the results of the semi-annual review of the OMX Helsinki Benchmark index, (Nasdaq Helsinki: OMXHB), which will become effective with the market open on Monday, Dec 1, 2014.
Metsä Board Oyj B (METSB), Pohjois-Karjalan Kirjapaino Oyj (PKK1V) and Tieto Corporation (TIE1V) will be added to the index.
Caverion Oyj (CAV1V), Oriola-KD Corporation B (OKDBV) and Stockmann Plc B (STCBV) will be removed from the index.
OMXHB includes some of the largest and most traded stocks on Nasdaq Helsinkiand the portfolio is represented by companies in all ten industries. Included stocks are screened to ensure liquidity and the weight of the stocks is based on the free float adjusted market value, which means that only the part of the share capital that is considered available for trading is included in the index.
The index serves as an indicator of the overall trend on Nasdaq Helsinki and offers a cost effective index that an investor can fully replicate and use as a basis for financial products. OMXHB is evaluated on a semi-annual basis in May and November, and the new index portfolio becomes effective on the first trading day in June and December respectively.
About Nasdaq Index Products
Nasdaq Global Indexes has been creating innovative, market-leading, transparent indexes since 1971. Today, our index offering spans geographies and asset classes and includes diverse families such as the Dividend Achievers, Global, Nordic, Green Economy, Sharia and Commodity Indexes. We continuously offer new opportunities for financial product sponsors across a wide-spectrum of investable products and for asset managers to measure risk and performance. Nasdaq Global Indexes also provides custom index services and design solutions to selected financial organizations. For more information about Nasdaq indexes, visit https://indexes.nasdaqomx.com/.
Cautionary Note Regarding Forward-Looking Statements
Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to, statements about our capital return initiatives. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These factors include, but are not limited to, Nasdaq’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
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