SkyCity joins benchmark ASX 200
SkyCity shares have edged up after the announcement that it will be added to the Standard & Poor's ASX 200 index on December 20.
SkyCity's shares were trading up 1.3 per cent to $3.87 early this afternoon.
The NZX and ASX-listed entertainment company would be added to the top 200 Australian index effective at the close of trading on December 20, the company said today.
Standard & Poor's Dow Jones Indices said the inclusion of SkyCity follows a quarterly review of the index.
As a result miner OceanaGold Corp, which operates the Macraes and Reefton goldfields, has been removed from the index.
OceanaGold shares were trading down 2.7 per cent to $1.81 this afternoon.
The company's shares had shed more than 50 per cent in the past year.
- © Fairfax NZ News