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Six Stocks Deleted from Stowe Global Coal Index in Quarterly Rebalancing The Stowe Global Coal Index℠ (TICKER: COAL) will delete six components, effective 09:00 AM (EST) Monday March 23, 2009, changing the number of index components to 32. New York, NY (PRWEB) March 10, 2009 -- The Stowe Global Coal Index℠ (www.stowecoalindex.com) (TICKER: COAL) will delete six components, effective 09:00 AM (EST) Monday March 23, 2009, changing the number of index components to 32. The changes result from the quarterly rebalancing of the index.
The deletions from COAL are: Headwaters Inc. (TICKER: HW); New Hope Corp. (TICKER: NHC AU); Western Canadian Coal (TICKER: WTN CN); Whitehaven Coal Ltd (TICKER: WHC AU); Aquila Resources (TICKER: AQA AU) and Indika Energy Tbk PT (TICKER: INDY IJ).
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
Contacts: Mike Keenan Stowe Partners, LLC 916-481-1772
Joseph LaCorte Stowe Global Indexes, LLC 646-467-7927
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