In today’s briefing:
- MVIS Global Rare Earth/Strategic Metals Index Rebalance Preview: A Week to Go
MVIS Global Rare Earth/Strategic Metals Index Rebalance Preview: A Week to Go
- The changes for the next rebalance will use closing prices from 31 August, will be announced after the close on 8 September with implementation at the close on 15 September.
- One stock is very close to the 85% cumulative market cap inclusion threshold, while there are two stocks that are near the 98% cumulative market cap deletion threshold.
- With one inclusion and capping changes, estimated one-way turnover at the rebalance will be 3.5% resulting in a one-way trade of US$20m. That could change over the next week.