Originally Posted by
Greekwatchdog
Not according to this but who knows. Latest For Bar Review..
We pick that there will be no changes for the upcoming S&P/NZX June 2021 quarterly index review (headline indices).Official outcomes of the review will be announced close of market Friday, 11 June 2021, with an effective date, close of
market Friday, 18 June 2021.
Figure 1. June 2021 Review: The Forsyth Barr Pick
Index Enter Exit Expected Weight (rank)
S&P/NZX 10 no changes n/a
S&P/NZX 20 no changes n/a
S&P/NZX 50 no changes n/a
S&P/NZX 50 Portfolio no changes n/a
Source: Forsyth Barr analysis
The current status
The recent sell down of 31.6m WHS shares by Foodstuffs has boosted the WHS ranking (six-month average market cap) and by our
calculations will rank as the highest non-member post the upcoming June 2021 index review.
Figure 2 outlines the current rankings for inclusion/exclusion for the benchmark S&P/NZX 50 indices. At this stage, we see no obvious
near term changes ahead. The six-month average market cap automatic entry level to the benchmark index is currently above $430m
with the exit level below $283m.
Figure 2. Current Rankings for S&P/NZX 50 Index Inclusion/Exclusion
Ranking Code Current status 6-mth average price 6-mth average market cap
42 SKO S&P/NZX 50 Member $6.04
43 FSF S&P/NZX 50 Member $4.56
44 (entry level) VGL S&P/NZX 50 Member $1.88 $429.63m
45 SAN S&P/NZX 50 Member $4.76 $391.98m
46 RBD S&P/NZX 50 Member $12.47
47 SML S&P/NZX 50 Member $4.20 $376.38m
48 WHS* $3.20 $356.28m
49 TLT $6.63 $349.97m
50 HLG $7.19 $343.31m
51 ERD $4.84 $332.77m
52 NPH S&P/NZX 50 Member $3.44
53 THL S&P/NZX 50 Member $2.47 $299.91m
54 SKT S&P/NZX 50 Member $0.17 $298.05m
55 MFB** $1.56 $283.78m
56 (exit level) BGP $5.42 $277.50m
57 TRA $3.30 $214.67m
58 CVT $3.24 $174.44m