Pro Medicus and Sigma Healthcare join ASX 50; MinRes and Ramsay Health Care out
The news: Healthcare duo Pro Medicus and Sigma Healthcare will join the ASX 50 index later this month, while mining group Mineral Resources and hospital operator Ramsay Healthcare will drop out, following the bourse operator's latest quarterly review.
The numbers: Pro Medicus (-0.2%) and Sigma (-0.5%) were both lower at 11:45am AEDT. Mineral Resources (2.9%) and Ramsay Health Care (1.2%) climbed, after it was announced that both would be removed from the ASX 50.
Elsewhere, family tracking app maker Life360 (3.6%) has been added to the ASX 100 index, with Iluka Resources (2.2%) and NIB Holdings (0.4%) dropping out.
New additions to the ASX 200 index are Capstone Copper (halted), DigiCo Infrastructure REIT (-1.5%), Imdex (3%), Macquarie Technology Group (0.2%), Nuix (6.9%), Spartan Resources (1.8%) and Temple & Webster (4.6%).
Audinate (0.5%), Collins Foods (0.2%), Charter Hall Social Infrastructure REIT (-1.8%), Coronado Global Resources (1.5%), Johns Lyng (-5.4%), Kelsian Group (1.3%) and Star Entertainment (suspended) have all been removed from the ASX 200.
The context: Once every three months on behalf of the ASX, S&P Dow Jones Indices reviews the ASX indices to see if they still reflect the largest 20, 50, 100 and 200 companies by market capitalisation and if not, make adjustments ahead of the upcoming quarter.
The latest changes will take effect prior to the start of trading on 24 March.
The source: ASX