OREANDA-NEWS  On 20 October was announced, that in line with the new rules the index basket will include 20 companies and its composition will be reviewed bi-annually – April 15 and October 15 (before it was revised on a quarterly basis).

The PFTS index basket now includes two more issuers – Krukovka Carriages (PFTS: KVBZ) and Alchevsk Iron and Steel (PFTS: ALMK). At the same time, Donbasenergo (PFTS: DOEN) and Luganskteplovoz (PFTS: LTPL) have been excluded from the basket.

Besides, till registration of the new shares issued by Poltava Mining (PFTS: PGOK) the equities of this company are temporarily excluded from the basket.

PFTS also limited the maximum share of an individual issuer to 15% for the index calculation.

Another innovation is the waiting list to be updated each quarter. The shares included into this waiting list will represent various sectors of economy, while one industry shall not be represented by more than three candidates. Should the check values of the equity, included into the index basket, become worse than of the equity from the waiting list, they will be swapped. Meanwhile, only two companies of the industry shall be included at the same time in the index basket.

We would like to note that the index shall be calculated each working day in a real-time mode. For index calculation they will take into consideration only the deals made in horizontal spread during the trading session. As a share price they will use the weighted average of the last three deals with each security.