NEW YORK, Sept. 4, 2008 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced the results of the regular annual review of the Dow Jones BRIC 50 Index. The changes will be effective as of the open of trading on Monday, September 22, 2008.
The following 10 components will be added to the Dow Jones BRIC 50 Index: BM&F Bovespa S/A Bolsa de Valores Mercadorias e Futuros (Brazil, Financial Services, BVMF3.BR), Bharti Airtel Limited (India, Telecommunications, 532454.BY), Cairn India Limited. (India, Oil & Gas, 532792.BY), China COSCO Holdings Company Limited (China, Industrial Goods & Services, 1919.HK; 601919.SH), China Communications Construction Co. Ltd. (China, Construction & Material, 1800.HK), Companhia Energetica de Minas Gerais-CEMIG Pr (Brazil, Utilities, CMIG4.BR; CIG; CIGC), DLF Limited (India, Real Estate, 532868.BY), Metalurgica Gerdau S/A Pref (Brazil, Basic Resources, GOAU4.BR), Oil & Natural Gas Corporation Limited (India, Oil & Gas, 500312.BY) and Surgutneftegaz JSC (Russia, Oil & Gas, SNGS.RS; SGTZY).
Companies exiting the index: Banco Santander S/A Pref (Brazil, Banks, SANB4.BR), Companhia de Gas de Sao Paulo Ord (Brazil, Utilities, CGAS5.BR), Jiangxi Copper Company Limited (China, Basic Resource, 0358.HK; 600362.SH), Light S/A Ord (Brazil, Utilities, LIGT3.BR), Mobile Telesystems (Russia, Telecommunications, MTSS.RS; MBT), Satyam Computer Services Ltd. (India, Technology, 500376.BY; SAY), Tata Consultancy Services Ltd. (India Technology, 532540.BY), Tata Motors Limited (India, Industrial Goods & Services, 500570.BY; TTM), Trina Solar Limited ADS (China, Oil & Gas, TSL) and Unitech Limited (India, Real Estate, 507878.BY).
The float-adjusted market capitalization of the reconstituted Dow Jones BRIC 50 Index increased to US$920 billion from US$852 billion, as of September 2, 2008.
The Dow Jones BRIC 50 Index is an investable, blue-chip index that measures the performance of the 50 largest and most liquid companies in Brazil, Russia, India and China. The number of components in the Dow Jones BRIC 50 Index is fixed at 15 each for Brazil, India and China and five components for Russia to reflect the size of each market in the index. The Dow Jones BRIC 50 Index is calculated in USD and Euro.
Further information on the Dow Jones BRIC 50 Index can be found on the Dow Jones Indexes Web site http://www.djindexes.com.
Company additions to and deletions from the Dow Jones BRIC 50 Index 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:
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