Equity Analysis /
Mexico

Volaris: EQUITY STRATEGY: VOLAR A is poised to return to the Mexbol

  • Once again the sample with 35 constituents, only the shares of Volaris (VOLAR A) will return to the benchmark

  • VOLAR A will replace IENOVA, which was removed from the index on May 28th, after the takeover bid for its shares

  • The final announcement will be made next Friday, September 10, with an effective date set for Monday, September 20

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

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Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

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Banorte
6 September 2021
Published byBanorte

Once again the sample with 35 constituents. The MSE and S&P Dow Jones Indices have announced the preliminary results of the semi-annual reconstitution for the S&P/BMV IPC sample. On this occasion, only the shares of Volaris (VOLAR A) will return to the benchmark to replace IENOVA, which was removed from the index on May 28th, after the takeover bid for its shares. The final announcement and confirmation will be made next Friday, September 10, with an effective date set for Monday, September 20.

It is worth noting that this announcement is preliminary and is susceptible to changes with respect to the final sample that will eventually be published (as has happened in the past). Finally, it should be remembered that we could see some volatility in VOLAR A shares as a result of the release.