Business
HUB24 joins ASX 200, Brainchip into ASX 300
After Friday’s market close, the S&P Dow Jones Indices announced some changes in its quarterly rebalance of the S&P/ASX Indices.
The updated list could potentially move the prices of some shares as fund managers seek to readjust their portfolios. In addition, exchange-traded funds (EFT’s) will also see changes across the broader indices.
Here is a brief summary of the most well-known shares on the ASX that were added or removed on the S&P/ASX Indices.
Australia’s top 100 companies remained stable with no changes to their retrospective benchmark this quarter. However, it was a different story for the remaining indices.
S&P/ASX 200…
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