Banque Centrale Populaire S.A. Added to Dow Jones Africa Titans 50 Index
Korea Exchange Bank Added to Dow Jones Emerging Markets Select Dividend Index
Shin Corporation PCL of Thailand Added to Dow Jones Emerging Markets Technology Titans 30 Index
NEW YORK, May 24, 2012 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced Egypt's Egyptian Company for Mobile Services will be removed from three of Dow Jones Indexes' market gauges due to its acquisition by MT Telecom SCRL of France. India's Patni Computer Systems Limited will be removed from the Dow Jones Emerging Markets Technology Titans 30 Index due to its acquisition by iGate Corporation of the United States.
Dow Jones EGX Egypt Titans 20 Index: El Ezz Aldekhela Steel-Alexandria replaces Egyptian Company for Mobile Services;
Dow Jones Africa Titans 50 Index: Banque Centrale Populaire S.A. replaces Egyptian Company for Mobile Services; and
Dow Jones Emerging Markets Select Dividend Index: Korea Exchange Bank replaces Egyptian Company for Mobile Services.
The changes in the Dow Jones EGX Egypt Titans 20, Dow Jones Africa Titans 50 and Dow Jones Emerging Markets Select Dividend indexes will be effective before the open of trading on Wednesday, May 30, 2012.
The addition of Bangkok, Thailand-based Shin Corporation PCL to the Dow Jones Emerging Markets Technology Titans 30 Index follows the removal of Patni Computer Systems Limited. The changes to the index will be effective before the open of trading on Tuesday, May 29, 2012.
The Dow Jones EGX Egypt Titans 20 Index measures the stock performance of 20 leading companies traded on The Egyptian Exchange (EGX). The index is float market cap weighted. El Ezz Aldekhela Steel-Alexandria is an Egypt-based company engaged in the manufacture and production of iron and steel products.
The Dow Jones Africa Titans 50 Index is a pan-African index that measures the performance of 50 companies that are headquartered in or generate the majority of their revenues in Africa. The index is modified float market cap weighted. Banque Centrale Populaire S.A. is a commercial bank based in Morocco.
The Dow Jones Emerging Markets Select Dividend Index measures the stock performance of 100 leading dividend-paying emerging markets companies by their dividend yield. The index is weighted by indicated annual yield. Korea Exchange Bank is a South Korea-based commercial bank.
The Dow Jones Emerging Markets Technology Titans 30 Index measures the stock performance of 30 leading emerging-market companies in the Technology Industry as defined by the proprietary classification system used by Dow Jones Indexes. The index is modified float market cap weighted. Shin Corporation PCL is a holding company that invests in diversified telecommunications, media and advertising businesses.
Company additions to, and deletions from, the Dow Jones EGX Egypt Titans 20, Dow Jones Africa Titans 50, Dow Jones Emerging Markets Technology Titans 30 and Dow Jones Emerging Markets Select Dividend Indexes does not in any way reflect an opinion on the investment merits of the company.
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