NEW YORK, Sept. 16, 2009 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced component changes in The Global Dow. Component changes to The Global Dow are decided by editors of Dow Jones & Company, Inc.
Q-Cells S.E. (Germany, Oil & Gas, QCE.XE) will be removed from The Global Dow, and Wells Fargo & Company (United States, Banks, WFC) will be added.
These changes in The Global Dow will be effective after the close of trading on Friday, September 18, 2009.
The changes were made to bring the weights of these two stocks' respective industries -- Oil & Gas in Europe and Financials in the United States -- closer in line with the industries' weights in these markets.
The float-adjusted market capitalization of the reconstituted Global Dow increased to US$8.97 trillion from US$8.81 trillion as of September 14, 2009.
The Global Dow measures the performance of 150 stocks of companies that are established global leaders as well as those poised for future global leadership. Stocks in The Global Dow are equally weighted and are rebalanced annually in September.
For more information on The Global Dow, please visit www.globaldow.com
Company additions to and deletions from The Global Dow do not in any way reflect an opinion on the investment merits of the company.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com.
Note to Editors:
About Dow Jones Indexes
A full-service index provider, Dow Jones Indexes develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best known for the Dow Jones Industrial Average, Dow Jones Indexes also is co-owner of the Dow Jones STOXX indexes, the world's leading pan-European indexes that are an integrated segment of the Dow Jones Global Index series. Additionally, Dow Jones Indexes maintains its benchmark index series, the Dow Jones Total Stock Market Indexes, which is anchored by the Dow Jones U.S. Total Stock Market Index and covers more than 12,000 securities in 65 markets. Beyond equity indexes, Dow Jones Indexes maintains a number of alternative indexes, including measures of the hedge fund and commodity markets. Dow Jones indexes are maintained according to clear, unbiased and systematic methodologies that are fully integrated within index families. www.djindexes.com
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