Demry and Shufersal Out of TA-35 Index; El Al and Doral Expected to Join
Translated & summarized from TheMarker by baba
The final trading day for the November index update concluded Thursday with declines in major Tel Aviv indices. Demry and Shufersal are expected to be removed from the TA-35 index due to their market capitalization falling outside the top 40 companies. El Al and Doral are anticipated to replace them in the TA-35 index.
The story in 5 lines · by baba
- Demry and Shufersal are expected to be removed from the TA-35 index.
- El Al and Doral are anticipated to be added to the TA-35 index.
- The final trading day for the November index rebalancing occurred Thursday.
- Demry and Shufersal are no longer among the 40 largest companies on the Tel Aviv Stock Exchange.
- The TA-35 and TA-125 indices closed Thursday with declines.
The final trading day determining the upcoming November index rebalancing concluded Thursday with declines in the TA-35 and TA-125 indices. Based on market capitalization, Demry and Shufersal stocks are no longer among the 40 largest companies on the Tel Aviv Stock Exchange. Consequently, they are expected to be removed from the TA-35 index and moved to the TA-90 index. In their place, El Al and Doral are anticipated to be added to the TA-35 index.
