The new composition of CETOP index as of September 2016
BSE Release - Budapest, September 8, 2016
The CEO of the Budapest Stock Exchange Ltd., based on the proposal of BSE’s Index Committee, adopted resolution 395/2016 defining the new composition of the CETOP basket.
Under the resolution, shares of - Moneta Money Bank
- SNGN Romgaz
- OMV Petrom
- BRD Société Générale will be introduced to the CETOP basket as new share series. The shares of Unipetrol and Philip Morris will be removed from the basket based on index review criteria. Thus the new CETOP basket will contain the following 23 share series as of September 19, 2016: Banca Transilvania, Bank Pekao, BRD Société Générale, CEZ, Erste Bank, HT, KGHM, Komercni Banka, Krka, MOL, Moneta Money Bank, MTelekom, O2 C.R., OMV Petrom, OTP, PGE, PGNiG, PKN Orlen, PKO BP, PZU, Richter Gedeon, SNGN Romgaz, VIG.
In compliance with the regulations of the CETOP Manual, the free-float rate (FFi), the admitted amount to the exchange (Qi) and the weighting factor (WFi) were defined by Budapest Stock Exchange as follows:
Admitted amount Free-float Weighting factor Weight in basket Shares Exchange to the exchange (Qi) rate (FFi) (WFi) September 1, 2016 Bank Pekao Warsaw 262 470 034 59.90% 0.670481 7.57% KGHM Warsaw 200 000 000 63.16% 0.863439 4.38% OTP Bank Budapest 280 000 010 74.68% 0.770330 8.88% PNK Orlen Warsaw 427 709 061 55.87% 0.748917 6.36% PKO BP Warsaw 1 250 000 000 56.72% 0.693256 7.14% PZU Warsaw 863 523 000 60.81% 0.771039 6.12% CEZ Prague 537 989 759 30.22% 1,000000 6.06% Komercni Banka Prague 190 049 260 39.60% 1,000000 5.44% PGNiG Warsaw 5 900 000 000 29.60% 0.863439 4.41% PGE Warsaw 1 869 760 829 42.61% 0.863439 4.35% Erste Prague 429 800 000 70.60% 0.538946 9.92% MOL Budapest 102 428 103 42.39% 1,000000 5.73% Richter Budapest 186 374 860 64.97% 1,000000 5.25% Moneta Money Bank Prague 511 000 000 46.44% 1,000000 1.65% SNGN Romgaz Bucharest 385 422 400 29.99% 1,000000 1.46% Banca Transilvania Bucharest 3 646 037 641 88.53% 1,000000 4.08% O2 C.R. Prague 310 220 057 15.24% 1,000000 0.94% OMV Petrom Bucharest 56 644 108 335 9.36% 1,000000 0.72% MTelekom Budapest 1 042 742 543 40.79% 1,000000 1.40% VIG Prague 128 000 000 30,00% 1,000000 1.59% KRKA Ljubljana 32 793 448 66.43% 1,000000 3.01% BRD Société Générale Bucharest 696 901 518 39.83% 1,000000 1.68% HT Zagreb 81 888 535 49,00% 1,000000 1.86%
The new AF factor of the index will be calculated on September 16, 2016 based on relevant daily data, and will be published at the latest on the following business day.
The new CETOP index basket will become effective on September 19, 2016.