Reykjavik (IFN) Finnish-Swedish stock exchange operator OMX AB said on Friday (24 March) that it had launched a new index family, the VINX, in cooperation with the exchanges in Norway (Oslo Bors) and in Iceland (ICEX).

The purpose of the VINX indices is to reflect the development in the region in a reliable and predictable manner and to highlight the overall investment opportunities, the company said.

The new VINX family covers the All-share, Benchmark, Tradable and Sector indices, which include companies listed on OMX's exchanges in Copenhagen, Stockholm and Helsinki, and on the exchanges in Oslo and Reykjavik.

OMX said that were more than 800 companies with a market capitalisation of close to EUR1,000bn available on the stock exchanges.

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