ECONOMIC BRIEFS

Bourse changes SAX index structure

Slovakia's Bratislava Stock Exchange (BSE) said on February 1 it had changed the composition of its official 16-share SAX index after the regular annual revision of the index.

The new structure of the SAX excluded from the index three shares: wire producer Drôtovňa Hlohovec, construction firm Váhostav Žilina and heavy engineering company Považské Strojárne. These three were replaced by: packing materials firm Grafobal Skalica, shipmaker Slovenské Lodenice Komárno and paint producer Chemolak Smolenice.

"The main criteria for inclusion of issues into the (index) basis were the liquidity of shares in 1998... (and) the level of market capitalisation of the issue as of the last trading day in 1998," the BSE said in a statement.

The weight in the index was significantly changed for the issue of troubled steel maker VSŽ, to 11.42% from the previous 23.63%.

Get daily Slovak news directly to your inbox

Top stories

Investors pursued projects and transactions despite the virus

Investors pursued projects and transactions despite the virus. Check out the 2020 investment highlights from Slovakia.

The visualisation of new Istropolis building

Better times ahead for the Calvary in Bratislava

The last preserved station was restored this summer.

The last preserved station of the Stations of the Cross in Bratislava

Why you need to buy a belt

On this Black Friday, with society teetering on the brink of chaos, I ask that we all do our part.

Virtual school and children's well-being

11 tips how to help children thrive during the pandemic.