New York, NY (PRWEB) December 8, 2010
The Stowe Global Coal Index℠ (TICKER: COAL) will add three new components, effective 6:00 PM (EST) Sunday, December 19, 2010. One stock will be deleted from the index, changing the number of index components to 39. The changes result from the quarterly rebalancing of the index.
The additions to COAL are:
Cockatoo Coal Ltd (TICKER: COK AU)
Gloucester Coal Ltd (TICKER: GCL AU)
Puda Coal Inc (TICKER: PUDA US)
The deletion from COAL is:
Fuel Tech Inc (TICKER: FTEK US)
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
Stowe Global Indexes, LLC
Stowe Partners, LLC
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