Sunday 31 May 2020

Amsterdam stock exchange reshuffles, ASR, Philips Lighting join AEX

Insurer ASR and Philips Lighting are being moved to the main AEX index on the Amsterdam stock exchange as part of its annual reshuffling of listed shares, the Telegraaf reported on Thursday. The change will take place on 19 March.

At the same time, dredger Boskalis and SBM Offshore are being moved down to the midcap index.

Metals specialist Advanced Metallurgical Group (AMG) and food delivery group Takeaway.com are also moving to the midcap, while natural foods group Wessanen and construction giant VolkerWessels are moving down to the smallcaps.

There are 25 stocks in the AEX, in which ING, Shell and Unilever have the heaviest weighting.

The AEX index is a stock market index composed of Dutch companies that trade on Euronext Amsterdam, formerly known as the Amsterdam Stock Exchange.

Started in 1983, the index is composed of a maximum of 25 of the most frequently traded securities on the exchange. It is one of the main national indices of the stock exchange group Euronext alongside Brussels’ BEL20, Paris’s CAC 40 and Lisbon’s PSI-20.

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