Caution Ahead with Nasdaq 100 Index Rebalance (Dip vs Hold)
Rebalancing will happen on 25 July 2023 (Tue), 5am SGT.
Nasdaq has conducted a special rebalance only twice before -- in December 1998 and May 2011. Nasdaq's rules state that if all stocks with a weighting of more than 4.5% in the index exceed 48%, then Nasdaq rebalances the indicator. Under Nasdaq rules, the rebalancing process sets the aggregate weight of stocks with a weighting of 4.5% or more at 40%.
The special rebalance will be based on index and stock prices as of July 3. Details will be announced on July 14, and will go effective on July 24.
The special rebalance will be based on index and stock prices as of July 3. Details will be announced on July 14, and will go effective on July 24.
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