Indivior, H. Lundbeck, Schaeffler, Centamin, Moncler and IMCD should be added. The highly likely deletions are Banca Monte dei Paschi di Sienna, Banco Comercial Portugues, Unipol Gruppo Finanziario, Thomas Cook, Eurobank Ergasias and OCI. Dong Energy and Paysafe could also be added, pushing Bilfinger and Air France-KLM out. Bovis Home, PageGroup, Topdanmark and Raiffeisen Bank should manage to stay in the STOXX Europe 600.
STOXX will announce the results of the STOXX Europe 600 September 2016 Quarterly Review on Tuesday 23 August, after the close of the North American markets
The cut-off date for this review was Friday 29 July. The preliminary free float factors are expected to be out on 24 or 25 August. The final underlying data will be out on Friday 9 September, after the close. Implementation is to take place on Friday 16 September, at the close. The new composition and weights will become effective from the open on Monday 19 September.
We also look at the likely transitions between Large (LCXP), Mid (MCXP) and Small (SCXP)
We expect to see upgrades from the STOXX Europe Mid 200 to the STOXX Europe Large 200 (ArcelorMittal, Deutsche Wohnen, Randgold Resources, Aena and Hexagon B) and also downgrades to the Mid (Marks & Spencer, Commerzbank, Banco Sabadell, Aegon and Standard Life). Six stocks should leave the STOXX Europe Small 200 and join the Mid: Auto Trader, Neste, Gamesa, Fresnillo, Zalando and IG Group. Six stocks should move the other way: Capital & Counties Properties, Man Group, Easyjet, UBI Banca, Eutelsat and Boskalis Westminster. All stocks added to the STOXX Europe 600 should join the Small, and all other deletions from the Broad index would leave the Small.