The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) announces today the results of the semi-annual review of the OMX Stockholm Benchmark index, (NASDAQ OMX Stockholm: OMXSB), which will become effective with the market open on December 1, 2009
AarhusKarlshamn AB (AAK), Cybercom Group Europe AB (CYBE), Hexagon AB (HEXA B) Proffice AB (PROE B) and Investment AB Ă–resund (ORES) will be added to the index.
Addnode AB (ANOD B), LBI International AB (LBI) and Tricorona AB (TRIC) will be removed from the index.
The OMXSB index is a free float adjusted index designed to act as a transparent and liquid benchmark with low transaction costs for the investors while maintaining a high correlation to the Swedish market.
OMXSB is sector diversified and major sectors represented are Financials, Industrials, Consumer Discretionary and Information Technology. The securities must also meet other eligibility criteria including a turnover screening. The OMXSB index 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.