The U.S. exchange operator Nasdaq OMX announced Tuesday a reform of the composition of its benchmark which puts a strong weight of its largest value, that of Apple's technology group. The Apple stock, which has more than quadrupled over the past two years previously represented 20.49% of the weighting of the Nasdaq-100.
After this change in the index, it still weighs more than 12.33% but still remains the largest value. Modifications of the Nasdaq-100 are rare and Reform on Tuesday is expected to cause a wave of movements in the securities concerned, managers have to adapt their positions to the new situation.
A CHANGE THAT BENEFITS TO GOOGLE AND MICROSOFT reform index - whose objective is "to bring the weights values of the index's market capitalization values," according to the Nasdaq - has come into force on 2 May Apple's market capitalization is currently around 300 billion dollars, double that of Google.
But his weight in the index is five times larger than its rival Internet. The reform of the index is therefore beneficial to Google, which now weigh 5.77% (+ 1.59 point), but also its rival Yahoo (+ 0.37) at chipmaker Intel (+ 2, 45 points), the software company Microsoft (+ 4.91 points), maker of Internet routers Cisco (+2.10 points), and specialist software company Oracle (+ 3.36 points).
In total, 82 values have their weight in the index down, while 18 are the increase (for most large values). 
After this change in the index, it still weighs more than 12.33% but still remains the largest value. Modifications of the Nasdaq-100 are rare and Reform on Tuesday is expected to cause a wave of movements in the securities concerned, managers have to adapt their positions to the new situation.
A CHANGE THAT BENEFITS TO GOOGLE AND MICROSOFT reform index - whose objective is "to bring the weights values of the index's market capitalization values," according to the Nasdaq - has come into force on 2 May Apple's market capitalization is currently around 300 billion dollars, double that of Google.
But his weight in the index is five times larger than its rival Internet. The reform of the index is therefore beneficial to Google, which now weigh 5.77% (+ 1.59 point), but also its rival Yahoo (+ 0.37) at chipmaker Intel (+ 2, 45 points), the software company Microsoft (+ 4.91 points), maker of Internet routers Cisco (+2.10 points), and specialist software company Oracle (+ 3.36 points).
In total, 82 values have their weight in the index down, while 18 are the increase (for most large values).
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