The Cyprus Stock Exchange (CSE) on Wednesday announced that several shares will be removed and replaced across its main indices, the FTSE/CySE20, the General Index, and the New Market indices, effective Friday, September 12, 2025.
The exchange said that the share of Louis Plc will exit the General Index, the Main Market Index, and the FTSE/CySE20, with its place in the latter being taken by Aias Investment Public Ltd, which had been listed on the Reserve List following the latest FTSE/CySE20 evaluation.
“These changes are based on Rule 4.1 of the Basic Rules for Management and Calculation of Stock Market Indices, which states that if a company included in an index does not trade and is suspended for more than 30 calendar days, it must be removed from the index on the 31st day,” the exchange said.
It added that the adjustments to the FTSE/CySE20 also follow Rule 6.4 of its management rules, which covers suspension and replacement of an index constituent.
The exchange further announced changes to the composition of the New Market indices.
It stated that the shares of A.J. Green Shell Plc, Globalwealth Group Plc, G.A.P. Vassilopoulos Public Ltd, K. Kouimtzis S.A., and Rianeson Investments Plc will all be removed from the New Market Index, with Globalwealth Group Plc also exiting the Financial Index.
“These decisions are made in accordance with Rule 4.1 of the Basic Rules for Management and Calculation of Indices, which addresses the suspension of a share included in an index,” the Cyprus Stock Exchange said.
The CSE concluded by saying that all changes will take effect from Friday, September 12, 2025.
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