Adecco shares displace Roche bearer shares in the SLI

Published: Tuesday, Jul 9th 2024, 18:30

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The shares of recruitment agency Adecco will return to the Swiss Leader Index (SLI) of the 30 largest Swiss stocks in the fall. Roche bearer shares, on the other hand, will drop out of the SLI again, as the Swiss stock exchange operator SIX announced on Tuesday. Roche bearer shares have a significantly smaller capitalization than Roche non-voting equity securities.

The Adecco shares were displaced in fall 2023 by the shares of the generics manufacturer Sandoz, which was spun off from Novartis. They are now making their "comeback" with the index adjustments due to the annual index review. The indices will be adjusted on September 20, 2024, after close of trading, with effect from September 23, 2024, according to the statement. There will be no changes to the SMI benchmark index.

There will also be adjustments to the SMI Mid (SMIM). The shares of dermatology specialist Galderma will now be included in the index, which comprises the 30 largest "mid-cap" stocks, i.e. the stocks that rank directly behind the SMI stocks. In contrast, the shares of the struggling solar company Meyer Burger have been removed from the SMIM.

The registered shares of logistics company Kühne+Nagel are also moving from the "SPI Mid" to the "SPI Large", while SGS is moving from the "SPI Large" to the "SPI Mid". Doc Morris and Jungfraubahn are also moving up from the "SPI Small" to the "SPI Mid", while Idorsia and Schweiter are moving the other way round from the "SPI Mid" to the "SPI Small".

Kuros, Newron and Xlife Sciences will also be included in both the SXI Life Sciences and the SXI Bio+Medtech. In the SXI Swiss Real Estate Funds, Swisscanto IFCA will replace Realstone.

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