The new portfolio of the OMX Helsinki Benchmark Index will become effective on June 1, 2016
Helsinki, May 10, 2016 — 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 Wednesday, June 1, 2016.
Viking Line Abp (VIK1V), Taaleri Plc (TAALA) and Tieto Corporation (TIE1V) will be added to the index.
HKScan Corporation A (HKSAV) and Restamax Plc (RESTA) 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.
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The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These factors include, but are not limited to factors detailed in Nasdaq's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
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