Three New Infrastructure Stocks Added; Two Stocks Deleted from S-Network Emerging Infrastructure Builders Index℠ in Quarterly Rebalancing
The S-Network Emerging Infrastructure Builders Index℠ (TICKER: EIBI) will add three new components, effective 6:00 PM (EST) Sunday, September 21, 2008. Two stocks will be deleted from the index, changing the number of index components to 67. The changes result from the index's quarterly rebalancing.
New York (Vocus/PRWEB ) September 9, 2008 -- The S-Network Emerging Infrastructure Builders Index℠ (TICKER: EIBI) will add three new components, effective 6:00 PM (EST) Sunday, September 21, 2008. Two stocks will be deleted from the index, changing the number of index components to 67. The changes result from the index's quarterly rebalancing. Additions to the EIBI are:
IJM CORP BHD (TICKER: IJM MK)
Steppe Cement Ltd. (TICKER: STCM LN)
Hunan Non-Ferrous Metals-H (TICKER: 2626 HK)
Deletions from the EIBI are:
GUANGZHOU SHIPYARD INTL CO-H (TICKER: 317 HK)
Promotora Y Operadora de Infraestructura S.A. de C (TICKER: PINFRA* MM)
A complete list of constituents and weights will be posted on the S-Network Emerging Infrastructure Builders Index℠ web site, (http://infra.snetglobalindexes.com/about_the_indexes.php).
The S-Network Emerging Infrastructure Builders Index℠ is a capitalization-weighted, float-adjusted index of the most prominent infrastructure stocks from developing and middle-income countries, plus a limited number of developed market stocks with extensive emerging markets operations. To be included in the EIBI 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 S-Network Emerging Infrastructure Builders Index℠ is available at http://infra.snetglobalindexes.com. Data is also available through most vendors of financial data.
Index: S-Network Emerging Infrastructure Builders Index℠ (USD)
Ticker: EIBI
Index: S-Network Emerging Infrastructure Builders Index℠ (EUR)
Ticker: EIBIE
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