PSE informed about new composition of PX index for the period from 19 March 2007 to 15 June 2007. Pegas and ECM will have the weight of 0.61% and 0.60% respectively.
Our view: The inclusion of new titles into PX index has been expected for some time; therefore we see the news as neutral.
PX index base
Title New weight Old weight
CEZ 25.00% 25.00%
Erste Bank 25.00% 25.00%
TEF O2 CR 17.26% 16.90%
Komercni banka 12.85% 13.09%
CETV 5.75% 5.87%
Zentiva 4.44% 5.11%
Unipetrol 3.88% 4.43%
Orco 2.56% 2.33%
PMCR 2.06% 2.27%
Pegas 0.61% 0.00%
ECM 0.60% 0.00%
Total 100.0% 100.0%
Souce: PSE