VIENNA, March 3 (Reuters) - Austrian rubber maker Semperit will replace Palfinger on the Austrian bluechip index ATX from March 22, the ATX committee said late on Tuesday.
The decision came after Semperit, currently listed on the broader ATX Prime index, outstripped the crane manufacturer in daily traded volume over the last 12 months.
Both companies have a similar freefloat and relatively equal weighting on the Vienna-based exchange.
(Reporting by Fiona Flanagan; Editing by Erica Billingham) Keywords: PALFINGER/SEMPERIT (fiona.flanagan@thomsonreuters.com; Vienna Newsroom; +43 1 53112-274; Reuters Messaging: fiona.flanagan.thomsonreuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The decision came after Semperit, currently listed on the broader ATX Prime index, outstripped the crane manufacturer in daily traded volume over the last 12 months.
Both companies have a similar freefloat and relatively equal weighting on the Vienna-based exchange.
(Reporting by Fiona Flanagan; Editing by Erica Billingham) Keywords: PALFINGER/SEMPERIT (fiona.flanagan@thomsonreuters.com; Vienna Newsroom; +43 1 53112-274; Reuters Messaging: fiona.flanagan.thomsonreuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2010 AFX News
