NEW YORK, June 4, 2007 (PRIME NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced the results of the regular annual review of the Dow Jones Global Titans 50, Dow Jones Tiger Titans 50, Dow Jones Asian Titans 50 and Dow Jones Sector Titans 30 indexes. The changes will be effective as of the open of trading on Monday, June 18, 2007.
The following two stocks will be added to the Dow Jones Global Titans 50 Index: BNP Paribas S.A. (Banks, France, 13110.FR; BNPQY) and Allianz SE (Insurance, Germany, ALV.XE; AZ). Companies exiting the index are: Wyeth (Health Care, United States, WYE) and Dell Inc. (Technology, United States, DELL).
Total free-float market capitalization of the reconstituted Dow Jones Global Titans 50 Index increased to $7,717.03 billion from $7,645.73 billion as of May 31, 2007.
Regional allocation of the Dow Jones Global Titans 50 Index, based on country of origin of the component stock (based on free-float market capitalization as of May 31, 2007):
Region Before Review After Review Americas 63% 61% Europe 32% 35% Asia/Pacific 5% 5%
Regional allocation of the Dow Jones Global Titans 50 Index, by percentage of total revenues generated by each, as of May 31, 2007:
Region Before Review After Review Americas 53% 50% Europe 41% 44% Asia/Pacific 7% 6%
The following five stocks will be added to the Dow Jones Asian Titans 50 Index:
JFE Holdings Inc. (Basic Resources, Japan, 5411.TO), Industrial & Commercial Bank of China Ltd. (Banks, Hong Kong, 1398.HK; 601398.SH), China Life Insurance Co. Ltd. (Insurance, Hong Kong, (China) (2628.HK); (ADS) (LFC); 2823.TW; 601628.SH), Bank of China Ltd. (Banks, Hong Kong, 3988.HK; 601988.SH) and QBE Insurance Group Ltd. (Insurance, Australia, QBE.AU). Companies exiting the index are: Sharp Corp. (Personal & Household Goods, (Japan, 6753.TO; SHCAY), AMP Ltd. (Financial Services, Australia, AMP.AU), Korea Electric Power Corp. (Utilities, South Korea, 015760.SE; KEP), Hyundai Motor Co. Ltd. (Automobiles & Parts, South Korea, 005380.SE) and Singapore Telecommunications Ltd. (Telecommunications, Singapore, Z74.SG).
Total free-float market capitalization of the reconstituted Dow Jones Asian Titans 50 Index increased to $2,086.22 billion from $2,041.89 billion as of May 31, 2007.
The following ten stocks will be added to the Dow Jones Tiger Titans 50 Index: Industrial & Commercial Bank of China Ltd. (Banks, Hong Kong, 1398.HK; 601398.SH), Hyundai Heavy Industries Co. Ltd. (Industrial Goods & Services: South Korea, 009540.SE), China Shenhua Energy Co. Ltd. (Basic Resources, Hong Kong, 1088.HK), Hana Financial Group Inc. (Banks, South Korea, 086790.SE), Esprit Holdings Ltd. (Retail, Hong Kong, 0330.HK), China Telecom Corp. Ltd. (Telecommunications. Hong Kong, 0728.HK; CHA), China Unicom Ltd. (Telecommunications. Hong Kong, 0762.HK; CHU), Ping An Insurance (Group) Co. of China Ltd. (Insurance, Hong Kong, 2318.HK; 601318.SH), LG Corp. (Industrial Goods & Services: South Korea, 003550.SE) and KT&G Corp. (Personal & Household Goods, South Korea, 033780.SE). Companies exiting the index are: Formosa Plastics Corp. (Chemicals, Taiwan, 1301.TW), China Steel Corp. (Basic Resources. Taiwan, 2002.TW), Formosa Chemicals & Fibre Corp. (Chemicals, Taiwan, 1326.TW), Hongkong Electric Holdings Ltd. (Utilities, Hong Kong, 0006.HK; HGKGY), Chunghwa Telecom Co. Ltd. (Telecommunications, Taiwan, 2412.TW; CHT), ASUSTeK Computer Inc. (Technology, Taiwan, 2357.TW), Quanta Computer Inc. (Technology, Taiwan, 2382.TW), CITIC Pacific Ltd. (Industrial Goods & Services, Hong Kong, 0267.HK; CTPCY), Mega Financial Holding Co. Ltd. (Financial Services, Taiwan, 2886.TW) and Formosa Petrochemical Corp. (Oil & Gas, Taiwan, 6505.TW).
Total free-float market capitalization of the reconstituted Dow Jones Tiger Titans 50 Index increased to $1,011.46 billion from $972.19 billion as of May 31, 2007.
The following 38 companies will be added/deleted from the Dow Jones Sector Titans 30 Indexes:
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Dow Jones Sector Titans Chemicals
Country Company / Code(s) Add/Delete
Taiwan Formosa Chemicals & Fibre Corp. (1326.TW) Add
United States Ashland Inc. (ASH) Delete
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Dow Jones Sector Titans Basic Resources
Country Company / Code(s) Add/Delete
Japan Sumitomo Metal Mining Co. Ltd. (5713.TO) Add
Japan Oji Paper Co. Ltd. (3861.TO) Delete
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Dow Jones Sector Titans Construction & Materials
Country Company / Code(s) Add/Delete
Spain Acciona S.A. (ANA.MC) Add
Spain Sacyr-Vallehermoso S.A. (SYV.MC) Add
United States McDermott International Inc. (MDR) Add
Thailand Siam Cement PCL (SCC.TH) Delete
Japan Taisei Corp. (1801.TO) Delete
South Korea Daewoo Engineering & Construction Co. Ltd.
(047040.SE) Delete
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Dow Jones Sector Titans Industrial Goods & Services
Country Company / Code(s) Add/Delete
Great Britain BAE Systems PLC (BA.LN; BAESE) Add
United States Waste Management Inc. (WMI) Delete
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Dow Jones Personal & Household Goods
Country Company / Code(s) Add/Delete
Germany Henkel KGaA Pfd. (HEN.XE) Add
Germany adidas AG (ADS.XE; ADDYY) Add
United States Reynolds American Inc. (RAI) Add
United States Coach Inc. (COH) Add
United States Mattel Inc. (MAT) Add
Sweden Electrolux AB Series B (ELUX-B.SK; ELUXY) Delete
South Korea LG Electronics Inc. (066570.SE) Delete
United States Pulte Homes Inc. (PHM) Delete
United States Eastman Kodak Co. (EK) Delete
United States Centex Corp. (CTX) Delete
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Dow Jones Sector Titans Travel & Leisure
Country Company / Code(s) Add/Delete
France AireFrance-KLM (3112.FR; AKH) Add
United States MGM MIRAGE (MGM) Add
Greece OPAP S.A. (OPAP.AT) Add
Great Britain Ladbrokes PLC (LAD.LN; LDBKY) Delete
Japan Kintetsu Corp. (9041.TO) Delete
United States Wendy's International Inc. (WEN) Delete
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Dow Jones Sector Titans Telecommunications
Country Company / Code(s) Add/Delete
Mexico Carso Global Telecom S.A. de C.V. A1
(TELECOM.MX) Add
Switzerland Swisscom AG (SCM; SCMN.VX) Delete
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Dow Jones Sector Titans Utilities
Country Company / Code(s) Add/Delete
United States Sempra Energy (SRE) Add
Japan Tohoku Electric Power Co. Inc. (9506.TO) Delete
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Dow Jones Sector Titans Financial Services
Country Company / Code(s) Add/Delete
Germany Deutsche Boerse AG (DB1.XE) Add
United States CIT Group Inc. (CIT) Delete
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Dow Jones Sector Titans Technology
Country Company / Code(s) Add/Delete
United States Corning Inc. (GLW) Add
Japan Fujitsu Ltd. (6702.TO; FJTSY) Add
Italy STMicroelectronics N.V. (STM.MI; STM) Delete
Japan NEC Corp. (6701.TO; NIPNY) Delete
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Changes are being announced today after the conclusion of a regular annual component review. The review is based on the blue-chip rules governing the Dow Jones blue-chip indexes published on the Dow Jones Indexes Web site http://www/djindexes.com, using the May 2007 monthly selection lists.
Full component lists, including market capitalization and weightings are available on the Dow Jones Indexes Web site at http://www.djindexes.com
Component changes to the Dow Jones Global Titans 50, Dow Jones Asian Titans 50, Dow Jones Tiger Titans 50 and Dow Jones Sector Titans Indexes do not in any way reflect an opinion on the investment merits of the companies being added or deleted.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com or contact Dow Jones Indexes/STOXX press office:
New York: +1-212-597-5720 Frankfurt: +49-69-2972-5290
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, and together with Wilshire Associates, provides the Dow Jones Wilshire Global Index family, which is anchored by the Dow Jones Wilshire 5000 and covers more than 12,000 securities in 59 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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