S&P/ASX 200 having tough day as S&P Dow Jones quarterly rebalance rings changes

S&P Dow Jones Indices have revealed changes to a number of S&P/ASX indices as part of the September quarterly rebalance.

While there are no changes to the S&P/ASX 20 and S&P/ASX 50 indices, Reliance Worldwide Corporation Ltd (ASX:RWC) will replace Perpetual Ltd (ASX:PPT) in the S&P/ASX 100.

Waste Management company Bingo Industries Ltd (ASX:BIN) and agribusiness company Elders Ltd (ASX:ELD) enter the S&P/ASX 200 while 14 companies will enter the S&P/ASX 300 index.

14 companies enter S&P/ASX 300

Companies entering the S&P/ASX 300 include US oil junior Sundance Energy Australia Ltd (ASX:SEA) and ASX debutant, building materials company Wagners Holding Company Ltd (ASX:WGN).

READ: Sundance Energy enters trading halt ahead of capital raising

Other additions to the S&P/ASX 300 include:

Aurelia Metals Limited (ASX:AMI);

Clinuvel Pharmaceuticals Limited (ASX:CUV);

Ive Group Limited (ASX:IGL);

Jupiter Mines Limited (ASX:JMS);

Kogan.Com Ltd (ASX:KGN);

Money3 Corporation Limited (ASX:MNY);

Megaport Limited (ASX:MP1);

Nearmap Ltd (ASX:NEA);

OM Holdings Limited (ASX:OMH);

Pinnacle Investment Management Group Limited (ASX:PNI);

Polynovo Limited (ASX:PNV); and

Praemium Limited (ASX:PPS).

— CommSec (@CommSec) September 7, 2018