New York (PRWEB) December 10, 2008
The S-Network Emerging Infrastructure Builders Index℠ (TICKER: EIBI) will delete four components, effective 9:00 AM (EST) Monday, December 22, 2008. This changes the number of index components to 62. The changes result from the index's quarterly rebalancing. Deletions from the EIBI are:
Katanga Mining Ltd (TICKER: KAT CN)
Highveld Steel And Vanadium (TICKER: HVL SJ)
Delong Holdings Ltd (TICKER: DLNG SP)
Steppe Cement Ltd (TICKER: STCM LN)
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)
Index: S-Network Emerging Infrastructure Builders Index℠ (EUR)
S-Network Global Indexes, LLC