New York, NY (PRWEB) June 9, 2010
The Stowe Global Coal Index℠ (TICKER: COAL) will add one new component, effective 6:00 PM (EDT) Sunday, June 20, 2010. One stock will be deleted from the index, maintaining the number of index components at 39. The changes result from the quarterly rebalancing of the index.
The addition to COAL is:
White Energy Co Ltd (TICKER: WEC AU)
The deletion from COAL is:
Hargreaves Services Plc (TICKER: HSP LN)
A complete list of constituents and weights will be posted on the Stowe Global Coal Index℠ website (http://stowe.snetglobalindexes.com/about_the_indexes.php ) as of the effective date.
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) TICKER: COAL
Index: Stowe Global Coal Index℠ (EUR) TICKER: COALE