One New Coal Stock Added, Five Stocks Deleted from Stowe Global Coal Index℠ in Quarterly Rebalancing

The Stowe Global Coal Index℠ (TICKER: COAL) will add one new component, effective 9:00 AM (EST) Monday, December 22, 2008. Five stocks will be deleted from the index, changing the number of index components to 38. The changes result from the index's quarterly rebalancing.

New York (PRWEB) December 9 -- The Stowe Global Coal Index℠ (www.stowecoalindex.com) (TICKER: COAL) will add one new component, effective 9:00 AM (EST) Monday, December 22, 2008. Five stocks will be deleted from the index, changing the number of index components to 38. The changes result from the index's quarterly rebalancing. The addition to COAL is:

Indika Energy Tbk PT (TICKER: INDY IJ)

The deletions from COAL are:

CIC Energy Corp (TICKER: ELC CN)

Sentula Mining Ltd. (TICKER: SNU SJ)

Coalcorp Mining Inc (TICKER: CCJ CN)

Darma Henwa PT TBK (TICKER: DEWA IJ)

Synthesis Energy Systems Inc (TICKER: SYMX)

A complete list of constituents and weights will be posted on the Stowe Global Coal Index℠ web- site: http://stowe.snetglobalindexes.com/about_the_indexes.php.

The Stowe Global Coal Index℠ is a capitalization-weighted, float-adjusted index of the most prominent coal stocks in the world. To be included in the COAL index, stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover.

Detailed information, including constituent data, rules and price information, on the Stowe Global Coal Index℠ is available at www.stowecoalindex.com. Data is also available through most vendors of financial data.

Index: Stowe Global Coal Index℠ (USD)

TICKER: COAL

Index: Stowe Global Coal Index℠ (EUR)

TICKER: COALE

Mike Keenan

Stowe Partners, LLC

916-481-1772

www.stowepartners.com

Joseph LaCorte

Stowe Global Indexes, LLC

646-467-7927

www.stowecoalindex.com

###


Contact Information
Joseph LaCorte
S-Network Global Indexes, LLC
http://www.stowecoalindex.com
646-467-7927
Mike Keenan
Stowe Partners, LLC
916-481-1772

Disclaimer: If you have any questions regarding information in these press releases please contact the company listed in the press release.
Please do not contact PRWeb®. We will be unable to assist you with your inquiry.
PRWeb® disclaims any content contained in these releases. Our complete disclaimer appears here.

© Copyright 1997-2008, Vocus PRW Holdings, LLC.
Vocus, PRWeb and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Terms of Service | Privacy Policy