NZX Indices announces changes to the NZX 50 Index following the December 2012 Quarterly Index Review. The changes below, and the quarterly index rebalance, will be effective at market open on Monday 24 December 2012.
As a result of the review, Metlifecare Limited (MET) and Summerset Group Holdings Limited (SUM) will be added to the NZX 50 Index at the December Quarterly Index rebalance. Both companies have met the ranking and liquidity requirements for addition to the NZX 50 Index. MET and SUM will take the place of Goodman Fielder Limited (GFF) and The New Zealand Refining Company Limited (NZR), who both failed to meet the liquidity requirements for ongoing inclusion over the last two Quarterly Index Reviews.