Daily BriefsFinancials

Daily Brief Financials: 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.

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