STOXX announces changes to Europe 600 Index

STOXX Limited has announced the addition and deletion of UK company stocks from its Europe 600 Index as part of a quarterly review.

STOXX Limited has announced the addition and deletion of UK company stocks from its Europe 600 Index as part of a quarterly review.

The global index provider, which covers world markets, will delete Spirent Communications, National Express Group, Vesuvius, Kazakhmys, Eurasian Natural Resources (ENRC) and Evraz.

Joining the European benchmark will be Resolution, St. James Place Capital, International Personal Finance, Home Retail Group, Dixons Retail and Thomas Cook Group.

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The changes will take place on June 24th.

As part of the alterations, the sector classification component ORKLA A (Norway, Industrial Goods and Services) will change to Food and Beverage.

The total free-float market capitalisation of the STOXX Europe 600 Index increased to €6.04trn from €6.03trn on April 30th.

RD