BMC Added To Nasdaq-100

Houston-based BMC Software reports this morning that it has been added to the NASDAQ-100 Index, an index of the 100 largest, non-financial stocks on the market, as part of a the exchange's annual re-ranking of the index. The index is used by mutual funds and exchange-traded funds to benchmark the overall market. Stocks being added to the index tend to benefit, from mutual funds and others buying securities which are part of the index.