press center press release

Semi-Annual Review of the First North 25 Index


Stockholm, December 20, 2016 — Nasdaq (Nasdaq:NDAQ) announced today the results of the semi-annual review of the First North 25 Index (Nasdaq Stockholm: FN25) which will become effective with the market open on Monday, January 2, 2017.

Paradox Interactive AB (PDX), THQ Nordic AB ser. B (THQN B), Robit Oyj (ROBIT), The Marketing Group plc (TMG), Tobin Properties (TOBIN), Nilorngruppen AB Ser. B (NIL B), GS Sweden AB (GOMX), Bredband2 i Skandinavien AB (BRE2) will be added to the portfolio and Hampidjan hf. (HAMP), Vostok Emerging Finance Ltd (VEMF SDB), Delarka Holding AB (DELARK), DistIT AB (DIST), PledPharma AB (PLED), Immunicum AB (IMMU), Xvivo Perfusion AB (XVIVO) and Catella AB (CAT B) will be removed from the index.

The FN25 consists of the largest and most traded shares listed on the First North Market. Companies included in the FN25 are selected through a two-step process as follows:

  • The 30 largest companies measured by market capitalization are selected.
  • The 25 most traded shares within this pool, measured by aggregated trading turnover over a six month period, are selected for the index. 

FN25 is reviewed semi-annually in January and July.

The First North 25 Index constituents effective January 2, 2017 are:

Bredband2 i Skandinavien AB Paradox Interactive AB
Detection Technology Oyj PowerCell Sweden AB
Catena Media P.L.C Prime Living AB
Cinnober Financial Technology Robit Oyj
Clavister Holding AB Starbreeze AB B
Evolution Gaming Group AB Starbreeze AB A
GS Sweden AB Stendorren Fastigheter AB
Immunovia AB Suomen Hoivatilat Oyj
Kambi Group plc The Marketing Group plc
LeoVegas AB THQ Nordic AB ser. B
Magnolia Bostad AB Tobin Properties
Nexam Chemical Holding AB Oyj
Nilorngruppen AB Ser. B

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of $10.0 trillion and approximately 18,000 corporate clients. To learn more, visit: or

Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB and Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.

Cautionary Note Regarding Forward-Looking Statements

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.

Media Relations Contact
Erik Granström
+46 73 449 78 07

In This Story

Nasdaq Press Center

Read the latest press releases, request a press kit, and get in touch with our press team.

learn more