New York, NY (PRWEB) March 10, 2009
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. 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 http://www.stowecoalindex.com. Data is also available through most vendors of financial data.
Index: Stowe Global Coal Index℠ (USD)
Index: Stowe Global Coal Index℠ (EUR)
Stowe Partners, LLC
Stowe Global Indexes, LLC