Index Change Advice - 20150708 Rebasing of FTSEJSE Oil and Gas Capital Index J500
Rebasing of FTSE/JSE Oil & Gas Capital Index (J500)
FTSE/JSE Africa Index Series
08 July 2015
The current Capital Index value of the FTSE/JSE Oil & Gas Index (J500) is very high and the index
currently has one constituent. Changes in the constituent’s share price causes exaggerated fluctuations in
the index, making the index more difficult to track.
To ensure seamless distribution and maintain the transparency of the index, JSE and FTSE will rebase the
Capital Index value of the J500 index by dividing the index value by 10 at the close of business on 08
July 2015. The index will remain an accurate measure of market activity in this sector, whilst complying
with distribution requirements. The JSE and FTSE believe this solution will cause minimal disruption to
clients and prevent a similar issue arising again.
Clients with historic database values should apply the rebasing after the close of trading on 08 July 2015
to ensure that records remain accurate. High, low, open and close value for the index will also be
affected. All TRI Index values, earnings yield and dividend yield values will remain unchanged.
No official historic values will be issued.
This change will be implemented at the close of trading 08 July 2015.
For further information or general enquiries please contact us at us at info@ftse.com or indices@jse.co.za or call:
Client Services in UK: Tel: +44 (0) 20 7866 1810
Client Services in EMEA: Tel: +44 (0) 20 7866 1810
Client Services in US: New York: (Domestic) + 1 888 747 FTSE (3873) / (International): +1 212 314 1139
Client Services in Asia Pacific: Hong Kong: + 852 2164 3333 Australia:(Domestic Toll-Free) + 1800 653 680 / (International) + 61
(2) 9293 2864 Japan + 81 (3) 3581 2764
JSE Limited: Tel: +27 11 520 7137
Alternatively please visit our website at www.ftse.com or www.ftsejse.co.za
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