“The new Baltic index family is our answer to a growing demand from the market participants for more reliable and predictable indexes reflecting the development of the Baltic securities market. The new Baltic indexes will provide the investors better benchmark possibilities and highlight attractive investment opportunities on the whole OMX’s Baltic Market. Moreover, the methodology of the new indexes is aligned with the OMX index rules, which makes them easily comparable to the Nordic indexes,” said Johan Rudén, President of the Baltic Market business unit at OMX.
The rules of the OMX Baltic Benchmark and OMX Baltic 10 indexes were developed in close cooperation with the market participants to satisfy the needs of different investors in the Baltic market as well as provide a good basis for derivatives and structured products in the future.
The 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.
Index values of OMX Baltic 10 will be published in real time, those of OMX Baltic All-Share and OMX Baltic Benchmark will be disseminated with 60 seconds interval. The Sector indexes will be disseminated once a day after the market close.
All OMX Baltic indexes have base values of 100, and the base date is December 31, 1999. Historical time series as from the base date are available on our website www.omxgroup.com/balticmarket.
The compositions of the OMX Baltic 10 and OMX Baltic Benchmark indexes will be revised semi-annually on January 1 and July 1. The new compositions, which will come into effect on January 1, 2007, will be published on December 15, 2006.
The local all-share indexes OMX Vilnius, OMX Tallinn and OMX Riga 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.
More facts on the Baltic index family:
05.07.2024 | RIG, TLN, VLN | Nasdaq Baltic Welcomes Lightyear as a Member and Account Operator |
01.07.2024 | VLN | New President of Nasdaq Vilnius AB appointed |
20.06.2024 | VLN | Nasdaq Welcomes TGS Baltic Lietuva as a Certified Adviser on First North market |
31.05.2024 | RIG, TLN, VLN | Nasdaq Welcomes Holm Bank to Baltic First North Market |
30.05.2024 | RIG, TLN, VLN | Nasdaq Welcomes Arsenal Industrial to the Baltic First North Market |