OMX will be opening the new Baltic index family, which includes the Baltic All-share, Benchmark, Tradable and Sector indexes. These indexes will provide the investors comprehensive tools for evaluating investment opportunities on the Baltic securities market. The launch of the Baltic indexes marks another milestone in the creation of an integrated Nordic and Baltic securities market.
The new OMX Baltic index family covers All-Share (OMX Baltic), Benchmark (OMX Baltic Benchmark), Tradable (OMX Baltic 10) and Sector indexes, which include companies listed on the Baltic exchanges in Tallinn, Riga and Vilnius. The methodology of the new Baltic indexes is aligned with the OMX index rules, which makes them easily comparable to the Nordic indexes.
New OMX Baltic indexes will be calculated in Euro and as price (PI) and gross (GI) indexes. The OMX Baltic 10 will however only be available as a price index.
The local all-share indexes OMX Tallinn, OMX Riga, and OMX Vilnius will continue to be calculated. Only the BALTIX index will be discontinued after June 30, 2007 and replaced by the portfolio index OMX Baltic Benchmark.