AustraliaDaily Briefs

Daily Brief Australia: AMP Ltd and more

In today’s briefing:

  • MVIS Australia Equal Weight Index Rebalance Preview: Stocks Close to Deletion Zone


MVIS Australia Equal Weight Index Rebalance Preview: Stocks Close to Deletion Zone

By Brian Freitas

  • AMP Ltd (AMP AU) and A2 Milk Co Ltd (A2M AU) could be deleted as the lowest ranked current index constituents.
  • There are three other stocks that are close to the deletion threshold and a change in the free float could result in the stocks being deleted.
  • With the exception of A2 Milk Co Ltd (A2M AU), shorts have been increasing on nearly all the potential and close deletions.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars