Intermoney | The Ibex 35 Technical Committee (CAT) announced yesterday, after the market’s close, that Unicaja will join the selective index from Tuesday 27 December (the markets are closed on Monday 26). Unicaja will replace Siemens Gamesa after the successful takeover bid launched by the latter’s parent company.
At the same time, Unicaja’s entering the Ibex 35 means that Talgo will join the Ibex Medium Cap index, replacing the bank.
Valuation: This is the second change in the Ibex 35 announced by the CAT in the last week. On December 12 it decided to incorporate Logista (Buy, T.P. 24,5 euros/share) as a substitute for Pharmamar (Buy, T.P. 75 euros/share). This change was made at the close of play on Friday and came into force yesterday.
Unicaja will join the Ibex 35 with a weighting of 80% of capital and will take the total number of lenders in the index to six, further strengthening the weighting of the banking sector.
The CAT’s next follow-up meeting will take place on 7 March 2023.
