The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the annual evaluation of the NASDAQ OMX Global Automobile Index (Nasdaq:QAUTO), which will become effective prior to market open on Monday, June 23, 2014.
No securities will be added to the Index.
The NASDAQ OMX Global Auto Index is designed to track the performance of the largest and most liquid companies engaged in the manufacturing of automobiles.
As a result of the evaluation, China Motor Corporation (TT:2204) will be removed from the Index.