NZX50 - Additions and Removals

[Pixelator]

With the addition of IPL into the NZX50 on July 6th the NZX50 is temporarily NZX51, quarterly rebalance due in September, what are the likely adjustments?

NPX out(assuming takeover approved in time)
STU out (Mkt Cap only $220m)

SCL in (Mkt Cap $440m)

then NZX50 back to 50 constituents

[boysy]

TIL must be getting close to inclusion with a MC of $330m

[winner69]

TIL must be getting close to inclusion with a MC of $330m

Hope so - needs something to boost the share price, even if it is an artificial thing like being included in an index

[Beagle]

With the addition of IPL into the NZX50 on July 6th the NZX50 is temporarily NZX51, quarterly rebalance due in September, what are the likely adjustments?

NPX out(assuming takeover approved in time)
STU out (Mkt Cap only $220m)

SCL in (Mkt Cap $440m)

then NZX50 back to 50 constituents

That's the one.

[Pixelator]

NPX gone on Monday...maybe no rebalance required as NZX50 is 50 again.

STU to hang in there?

[Pixelator]

NZX15: CNU in, AIR out

NZX50: SCL & VGL in, SKL & STU out

[Jantar]

NZX15: CNU in, AIR out....

How do you figure that?
CNU $1,671,335,000
AIR $2,554,393,000

[blackcap]

How do you figure that?
CNU $1,671,335,000
AIR $2,554,393,000

Would AIR not have only half the shares count.... ie the govt portion is not free float? So that would make sense then...

[Pixelator]

Here is the announcement from last night. Less institutional buying/ more selling now Air out of NZX15?

Comvita got a lift when they entered NZX50 but not Tegel. Expecting to see some upward movement for Scales considering the recent pullback


https://www.nzx.com/regulators/NZXO/...cements/288411

[Jantar]

Would AIR not have only half the shares count.... ie the govt portion is not free float? So that would make sense then...

OK. I didn't grasp the concept that govt owned shares don't count. However as I see it there nothing preventing the govt from selling, or adding to their holding at any stage.