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
- 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.