Athens Exchange, Tel-Aviv Stock Exchange, Cyprus Stock Exchange and FTSE Group, organised today, 5th of November 2003 at the premises of the Cyprus Stock Exchange, the first meeting of the advisory committee for the FTSE-Med 100 Index. The FTSE Med 100 Index which was launched on the 19/6/2003, is composed of 100 stocks of the three Exchanges, some of which are also listed on US and other European stock markets.

The advisory committee of the index consists of representatives from the three Exchanges and from the Global Index provider "FTSE Group". During the meeting, the committee reviewed the operation of the index for the six month period between June-November 2003, according to the Ground Rules which are based on international standards.

During the meeting, the advisory committee decided that a statistical report (newsletter) should be published half-yearly, in electronic form. The first report will be published next week and each Exchange will make a new announcement for this.

It was verified that during the first six months of the operation of the FTSE Med 100 Index, the index achieved the basic aim of strengthening the cooperation between the three Exchanges in the region, offering at the same time a useful "tool" for the investors in the three countries and internationally to assess trends and developments in the markets.

Download the FTSE Med 100 SEMI-ANNUAL REVIEW (File in format doc )

Download the Constituents of FTSE Med-100 Index (File in Format xls )