New York, NY (PRWEB) June 08, 2011
The Stowe Global Coal Index℠ (TICKER: COAL) will add one new component, effective 6:00 PM (EST) Sunday, June 19, 2011. One stock will be deleted from the index, maintaining the number of index components at 37. The changes result from the quarterly rebalancing of the index.
The addition to COAL is:
Darma Henwa Pt Tbk (TICKER: DEWA IJ)
The deletion to COAL is:
Puda Coal Inc (TICKER: PUDA 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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