The CAT, the Technical Advisory Committee of the Ibex 35 does not introduce changes in the composition of the selective, so the current components will close the year in the indicator.
The only change that occurs is the following:
According to Bankinter, the CAT computes the trading volume in euros in the order market during the control period, the six months prior to the meeting. Besides, considers different factors to guarantee the quality of said volume. Among others, it analyzes aspects such as the number of contracted operations or possible changes in shareholding.
Secondly, they can only be part of the IBEX 35 those securities whose average capitalization is greater than 0.30% of the average capitalization of the selective during the aforementioned control period. In any case, the technical standards consider the floating capital of the different securities and, to this end, establish different coefficients to apply on their average capitalization, in such a way that those whose floating capital is lower are penalized.
In this case, it has not been considered that some companies that were talked about, Vidrala or the return of Melia Hotels to the selective, justified an inclusion because their negotiated volumes are lower than those of the current components of the Ibex 35.
Even in the case of the two members of the selective with the lowest traded volume, in the case of ArcelorMittal or Logista.
Also in the case of Meliá Hotelsalso failed to meet the minimum capitalization requirement required to return to the Ibex 35.
The next follow-up meeting of the Ibex 35 Technical Advisory Committee will take place on March 13, 2025.