The IBEX 35 Technical Advisory Committee leaves its composition, as expected

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By Jack Ferson

Without changes planned in the composition of Ibex 35: Only Viscofan could surprise

He Technical Advisory Committee (CAT) It has held ordinary quarterly meeting to review the composition of the IBEX 35. And there have been no changes as expected the market and as already happened in the previous three appointments of June, December and September last year.

To see the last change in the composition of Ibex 35 you have to go back to the extraordinary meeting held in July 2024, and in which Puig Brands became part of the selective replacement of Meliá Hotels.

Viscofan will therefore have to wait, as indicated by Bankinter analysts, one of the eternal candidates. «Among the possible candidates, Viscofan stands out,» experts explained. «Meets the minimum capitalization requirement and its volume is the highest among applicants«Despite this, its negotiation is clearly lower than that of the current components of the index,» even among those who accumulate lower volumes in this control period (colonial or arcellyittal real estate). «» In conclusion, we do not estimate changes in the meeting on day 10 «.

Today Viscofan’s shares fall to the closing of 0.82% in mid -morning until it marks 60.50 euros in the continuous market. The titles rise 8% since October 22, when they touched a minimum of 56.44 euros, but drop 8.8% since April reached 66.89 euros.

What are the CAT criteria in decision making?

Bankinter analysts explain that, in the first place, the CAT computes the volume of hiring in euros in the orders market during the control period, the six months prior to the meeting. In addition, it considers different factors to guarantee the quality of said volume. Among others, analyzes aspects such as the number of operations contracted or possible changes in the shareholders.

Secondly, only those values ​​whose average capitalization is greater than 0.30% of the average selective capitalization during the aforementioned control period can be part of the Ibex. In any case, the technical standards consider the floating capital of the different values ​​and, for this, they establish different coefficients to apply on their average capitalization, so that those whose floating capital is lower is penalized.

The next meeting will be held on December 11

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