Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Highly experienced ex-Delta One trader with 17 years of experience trading arbitrage and related strategies across Asian markets.

Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd.

It is important to note that the information provided by Periscope Analytics is based on publicly available data and own knowledge, which has been gathered and synthesized from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions.

All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include, but are not limited to, company announcements, exchange filings, ETF and other passive investment vehicle holdings, and free float and volume data from third-party data providers. Periscope Analytics does not guarantee the accuracy and completeness of the forecasts, estimates and/or other information.

Pan-Asia Index Rebalances/ Events/ Delta One

S&P/NZX 50 Index Rebalance: Two High Impact Changes Coming Up

S&P/NZX 50 Index Rebalance: Tower (TWR) Replaces Arvida (ARV)

Auckland Airport (AIA NZ) Placement: Potential Index Flows

Metlifecare: EQT Blinks And Tables A Revised Offer

Metlifecare: Preparing For A Protracted Legal Stoush

Event-Driven

The S&amp;P/NZX 50 Index is designed to measure the performance of the 50 largest stocks listed on the Main Board of the NZX by float-adjusted market capitalization. The index is float-adjusted, covering approximately 90% of New Zealand equity market capitalization.Last evening, S&amp;P SJI announced the deletion of <a href="https://www.smartkarma.com/entities/metlifecare-ltd" target="_blank" data-smartkarma-citation="entities:19219:1" rel="noopener">Metlifecare Ltd (MET NZ)</a> following its acquisition by Asia Pacific Village Group Limited. <a href="https://www.smartkarma.com/entities/pacific-edge-ltd" target="_blank" data-smartkarma-citation="entities:20261:1" rel="noopener">Pacific Edge (PEB NZ)</a> will be included in the index to keep the number of constituents at 50. The changes will be effective after the close of trading on 20 October.Based on assets tracking the index, we estimate passive funds will need to buy 9.1m shares of <a href="https://www.smartkarma.com/entities/pacific-edge-ltd" target="_blank" data-smartkarma-citation="entities:20261:1" rel="noopener">Pacific Edge (PEB NZ)</a> which is around 12 days of ADV. The stock was trading 12% higher earlier today, was then halted, then traded 20% higher and is now 15% higher on volumes of just over 3m shares. The stock could move higher over the next few days as passive investors step in to buy the stock.

The S&amp;P/NZX 50 Index is designed to measure the performance of the 50 largest stocks listed on the Main Board of the NZX by float-adjusted market capitalization. The index is float-adjusted, covering approximately 90% of New Zealand equity market capitalization.Last evening, S&amp;P SJI announced the deletion of Metlifecare Ltd (MET NZ) following its acquisition by Asia Pacific Village Group Limited. Pacific Edge (PEB NZ) will be included in the index to keep the number of constituents at 50. The changes will be effective after the close of trading on 20 October.Based on assets tracking the index, we estimate passive funds will need to buy 9.1m shares of Pacific Edge (PEB NZ) which is around 12 days of ADV. The stock was trading 12% higher earlier today, was then halted, then traded 20% higher and is now 15% higher on volumes of just over 3m shares. The stock could move higher over the next few days as passive investors step in to buy the stock.

S&P/NZX 50 Index Rebalance: Pacific Edge IN With A Lot to Buy