Five New Additions to Flagship S&P/ASX 200
Electro Optic Systems, Elevra Lithium, Kingsgate Consolidated, Minerals 260 and FireFly Metals were added to the S&P/ASX 200 after their three-month average FMC at the rebalance reference date exceeded the 179-rank buffer for selection. Conversely, security price depreciation resulted in SiteMinder and Temple & Webster Group falling below the 221-rank buffer. Meanwhile, Guzman y Gomez, Web Travel Group and IDP Education were dropped despite not falling below the buffer, as three higher-ranked companies were added.
All newly added companies also met other eligibility criteria, which are also data points in the S&P/ASX Stock Selection Data Product, such as liquidity and a minimum free float factor, and were not suspended from trading or involved in corporate actions such as an acquisition.
New Additions to S&P/ASX 50 and S&P/ASX 100
ALS Ltd, Paladin Energy were added to the S&P/ASX 50 and S&P/ASX 100, respectively. ALS Ltd was added to satisfy the constituent count of the S&P/ASX 50 after Pro Medicus fell below the 61st rank buffer. Meanwhile Paladin Energy exceeded the 84th-rank buffer for the S&P/ASX 100, which meant Metcash dropped out to satisfy constituent count.
