S&P/ASX Index Rebalance: High impact changes in March
Brian Freitas forecasts 1 change for the ASX20 Index (South32 replaces James Hardie Industries), 2 for the ASX100 Index (nib holdings and Technology One replace Star Entertainment and ARB Corp), 4 changes for the ASX200 Index (including Syrah Resources and PolyNovo gaining entry at the expense of Adbri and SmartGroup) and 9 adds / 6 deletes for the ASX300 Index next month. Passive trackers will need to trade over 3 days of ADV on 13 stocks, over 5 days of ADV on 9 stocks and over 10x ADV on 4 stocks. Shorts have been covering positions on stocks where there are expected to be passive inflows and increasing positions on stocks that are expected to have passive outflows.
Edition: 153
- 03 February, 2023