New York, NY (PRWEB) December 07, 2011
The Stowe Global Coal Index℠ (TICKER: COAL) will add one new constituent in its quarterly rebalancing, effective 6:00 PM (EST) Sunday, December 18, 2011. Two stocks will be deleted from the index, changing the number of index components to 33.
The addition to COAL is: Mongolian Mining Corporation (TICKER: 975 HK).
The deletions from COAL are: Coal & Allied Industries Ltd (TICKER: CNA AU); and SouthGobi Resources Ltd (TICKER: 1878 HK).
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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