At the Quarterly Index Review held on 04-Apr-18, the ALEX-20 was witnessed the exit of CTL which no longer met the frequency threshold. ASCE makes its maiden entry into the Top 20 Liquid Index.
The eligible Universe of stocks for inclusion in ALEX indices increased to 24in Mar-17
The ALCAPEX-12 composition was subject to major changes as part of the annual rebalancing exercise. CAUD replaced MEDL as a "Property" pick having consistently featured in the eligible Universe in recent quarters. CTL's exit was triggered by its ineligibility within the Universe paving the way for the return of INNO as our Consumer pick which picked up liquidity in recent quarters.