The Technical Advisory Committee of the IBEX Indices has decided to incorporate the recently floated Bolsas y Mercados Espaoles (BME) group into the IBEX MEDIUM CAP Index with effect from 2 January, in accordance with the Technical Regulations for the Composition and Calculation of the IBEX Indices. BME will be added to the index with a free float factor of 100% and the number of shares taken into account for the calculation of the index will be 83.615.558. According to the available data at December 22nd, BME shall rank 7th in computable capitalization among the IBEX MEDIUM CAP components.
The IBEX MEDIUM CAP is an investable index which track the performance of medium capitalisation companies listed on the Spanish Stock Market. The stocks are adjusted by free-float, once the IBEX 35 stocks are excluded, as long as they meet liquidity requirements.
On 18 December, BME was also incorporated into the DJ Stoxx 600. This is an index produced by Stoxx, and includes the 600 largest companies in the DJ STOXX Total Market Index.