OMX to Introduce Indexes to Facilitate Comparisons across the Nordic Region.STOCKHOLM Stockholm (stŏk`hôlm'), city (1995 pop. 692,954), capital of Sweden and of Stockholm co., E Sweden, situated where Lake Mälaren flows into the Baltic Sea. , Sweden Sweden, Swed. Sverige, officially Kingdom of Sweden, constitutional monarchy (2005 est. pop. 9,002,000), 173,648 sq mi (449,750 sq km), N Europe, occupying the eastern part of the Scandinavian peninsula. -- On October 2, OMX OMX Office Max (stock symbol) (STO STO Store (calculator function) STO Société de Transport de l'Outaouais (French) STO Strategic Technology Office (DARPA) STO Security Through Obscurity STO Service to Others :OMX) introduces Nordic indexes to support intra Nordic trading and highlight investment opportunities in the Nordic region for international investors. The sector indexes will provide investors with tools to compare industries across different countries in the region, whereas the OMX Nordic 40 reflects trading in the most traded Nordic companies. Furthermore, OMX launches an All-Share index for First North in Sweden and Denmark. "The sector indexes will make it easier to find and compare companies across the Nordic countries. On an international level, they will also highlight sectors where the Nordic region has impressive clusters. With a common index for First North in Sweden and Denmark we also bring greater attention to the development of small and mid-sized companies in the Nordic region", says Jukka Ruuska, President of the business area Nordic Marketplaces. The indexes will be launched on October 2 along with the introduction of a common Nordic list for the shares listed on the OMX Nordic Exchange in Stockholm, Helsinki and Copenhagen. OMX Nordic 40 will be based on the 40 most actively traded companies on the Nordic list. Sector indexes will be based on the Global Industry Classification Standard (GICS GICS Government Information and Communication Service (UK) GICS German Internet Chess Server GICS Global Industry Classification Standards GICS Grant Information and Control System ) developed by Morgan Stanley Capital International Morgan Stanley Capital International (MSCI) This firm publishes a number of well known benchmarks, such as the MSCI World Index. Inc. (MSCI) and Standard & Poor's. All Nordic OMX indexes will be based on the euro exchange rate. Four indexes will be discontinued dis·con·tin·ue v. dis·con·tin·ued, dis·con·tin·u·ing, dis·con·tin·ues v.tr. 1. To stop doing or providing (something); end or abandon: at the end of September. These are the two Swedish indexes: Attract40 and the O List and two Finnish I List and NM List indexes. For more information about all indexes in the new index structure, please visit www.omxgroup.com. About OMX OMX is a leading expert in the exchange industry. Through the Nordic Exchange in Copenhagen, Stockholm, Helsinki, Riga, Tallinn and Vilnius, OMX offers access to approximately 80 percent of the Nordic and Baltic securities market. Our integrated technology solutions span the transaction chain enabling efficient securities transactions for exchanges, clearing organizations, central securities depositories and other financial institutions around the world. OMX is listed on the Nordic Exchange in Stockholm, Helsinki and Copenhagen. For more information please visit www.omxgroup.com. This information was brought to you by Waymaker http://www.waymaker.net |
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