European index specialist STOXX Limited completed an annual review of its Blue-Chip indices. Finnish mobile phone manufacturer Nokia (OMX: NOK1V) will be removed from STOXX Europe 50 Index as it is still down 40% for the year despite a little bit of a rebound in recent days.
There are also some changes in STOXX Nordic 30 Index with Skanska (OMX: SKA B) and Vestas Wind Systems (OMX:VWS) being taken out to be replaced by Swedbank(OMX: SWED A) and Seadrill (OSE:SDRL, NYSE:SDRL). The changes will take effect on September 19th.
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