New York (PRWEB) June 11, 2008
The Ardour Solar Energy Index (TICKER: SOLRX) will add seven new components, effective 6:00 PM (ET) Sunday, June 11. These additions raise the number of constituents in the index to 34. These changes result from the index’s quarterly rebalancing. Many of the new components qualified for the index based on share price appreciation or Initial Public Offerings, which allowed them to pass the minimum market capitalization selection criteria.
The Ardour Solar Energy Index is a modified capitalization-weighted, float-adjusted index of the most prominent solar energy stocks in the world. Two of the seven additions are listed in the Americas and five in Europe.
To be included in the SOLRX index stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover.
The companies to be added are: Aleo Solar AG (AS1 GR); Day 4 Energy Inc. (DFE CN); PV Crystalox Solar plc (PVCS LN); Centrotherm Photovoltaics AG (CTN GR); Roth and Rau AG (R8R GY); Akeena Solar Inc. (AKNS US); and Renesola Ltd. (SOL US).
Detailed information, including constituent data, rules and price information, on the Ardour Solar Energy Index and other members of the AGI family of alternative energy indexes is available at http://www.ardourglobalindexes.com . Data is also available through most vendors of financial data.
Index: Ardour Solar Energy Index (USD)
Index: Ardour Solar Energy Index (EUR)