NZX 50 March index changes - Abano out, Methven in
Abano Healthcare is out of the NZX 50 Index to be replaced by Methven, following the index's March quarterly review.
Abano Healthcare is out of the NZX 50 Index to be replaced by Methven, following the index's March quarterly review.
The changes, and the quarterly index rebalance, are effective at market open on Monday March 21.
NZX said following more than 12 months of successful trading on the NZX Main Board, the index weight of Kathmandu Holdings Ltd (KMD) in the NZX 50 Index will be based on its full free float market capitalisation. Until now, the index weight of KMD has been based on the percentage of KMD revenue generated in New Zealand.
NBR staff
Thu, 10 Mar 2011
Thu, 10 Mar 2011
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NZX 50 March index changes - Abano out, Methven in
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