NEW YORK, March 5, 2009 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced the results of the regular annual review of the Dow Jones Country Titans Indexes and Dow Jones Australia Select Dividend 30 Index and the regular quarterly review of the Dow Jones Select Dividend Indexes.
All changes will be effective after the close of trading on Friday, March 20, 2009.
Dow Jones Select Dividend Indexes
In the Dow Jones Global Select Dividend Index, Mullen Group Income Fund (Canada, Industrial Goods & Services, MTL.UN.T) will be replaced by David Jones Ltd. (Australia, Retail, DJS.AU).
The dividend yield of the reconstituted Dow Jones Global Select Dividend Index will increase to 10.15% from 10.10% as a result of this regular quarterly review.
In the Dow Jones Asia Select Dividend 30 Index, Bank of East Asia Ltd. (Hong Kong, Banks, 0023.HK) will be replaced by Keppel Corp. Ltd. (Singapore, Industrial Goods & Services, BN4.SG).
The dividend yield of the reconstituted Dow Jones Asia Select Dividend 30 Index will increase to 9.75% from 9.54% as a result of this regular quarterly review.
In the Dow Jones Australia Select Dividend 30 Index, the following seven components will be removed: Australand Property Group (Australia, Real Estate, ALZ.AU), Goodman Group (Australia, Real Estate, GMG.AU), GPT Group (Australia, Real Estate, GPT.AU), Futuris Corp. Ltd. (Australia, Food & Beverage, FCL.AU), Ridley Corp. Ltd. (Australia, Food & Beverage, RIC.AU), Insurance Australia Group Ltd. (Australia, Insurance, IAG.AU) and STW Communications Group Ltd. (Australia, Media, SGN.AU).
The companies joining the index: David Jones Ltd. (Australia, Retail, DJS.AU), Orica Ltd. (Australia, Chemicals, ORI.AU), United Group Ltd. (Australia, Construction & Materials, UGL.AU), Downer EDI Ltd. (Australia, Construction & Materials, DOW.AU), Cabcharge Australia Ltd. (Australia, Industrial Goods & Services, CAB.AU), Toll Holdings Ltd. (Australia, Industrial Goods & Services, TOL.AU) and Healthscope Ltd. (Australia, Health Care, HSP.AU).
The dividend yield of the reconstituted Dow Jones Australia Select Dividend 30 Index will increase to 13.75% from 12.71% as a result of this regular annual review.
In the Dow Jones U.S. Select Dividend Index, Gannett Co. Inc. (United States, Media, GCI) will be replaced by Edison International (United States, Utilities, EIX).
The dividend yield of the reconstituted Dow Jones U.S. Select Dividend Index will decrease to 6.94% from 6.95% as a result of this regular quarterly review.
In the Dow Jones Japan Select Dividend 30 Index, Daiwa Securities Group Inc. (Japan, Financial Services, 8601.TO) will be replaced by Sumitomo Metal Industries Ltd. (Japan, Basic Resources, 5405.TO).
The dividend yield of the reconstituted Dow Jones Japan Select Dividend 30 Index will increase to 4.33% from 4.31% as a result of this regular quarterly review.
No changes are being made to the Dow Jones Asia/Pacific Select Dividend 30 Index, Dow Jones EPAC Select Dividend Index and Dow Jones Canada Select Dividend 40 Index as a result of this regular quarterly review.
The Dow Jones Select Dividend Index family currently includes global indexes, regional indexes for Europe, the Asia-Pacific and the Americas, and country-specific indexes for Australia, Canada, France, Germany, Italy, Japan, the Netherlands, Spain, Sweden, Switzerland, the U.S. and the U.K. Each index includes a fixed number of components, ranging from 15 to 100, that are selected based on rankings by dividend yield. Index components are weighted by indicated annual dividend.
Dow Jones Country Titans Indexes
In the Dow Jones Australia Titans 30 Index, BlueScope Steel Ltd. (Australia, Basic Resources, BSL.AU) will be replaced by Oil Search Ltd. (Australia, Oil & Gas, OSH.AU), respectively.
In the Dow Jones Brazil Titans 20 ADR Index, Aracruz Celulose S/A ADS (Brazil, Basic Resources, ARCZ6.BR), TAM S/A ADS (Brazil, Travel & Leisure, TAMM4.BR) and Votorantim Celulose e Papel S.A. ADS (Brazil, Basic Resources, VCPA4.BR) will be replaced by Centrais Eletricas Brasileiras S/A ADS (Brazil, Utilities, ELET6.BR), Ultrapar Participacoes S/A ADS (Brazil, Utilities, UGPA4.BR) and Telecomunicacoes de Sao Paulo S/A Pref (Brazil, Telecommunications, TLPP4.BR), respectively.
In the Dow Jones Cyprus Titans 10 Index, Cyprus Trading Corp. Public Ltd. (Cyprus, Industrial Goods & Services, CTC.CP) will be replaced by Ocean Tankers Holdings PCL (Cyprus, Industrial Goods & Services, OCT.CP).
In the Dow Jones Germany Titans 30 Index, Deutsche Postbank AG (Germany, Banks, DPB.XE), TUI AG (Germany, Travel & Leisure, TUI1.XE) and Infineon Technologies AG (Germany, Technology, IFX.XE) will be replaced by Salzgitter AG (Germany, Basic Resources, SZG.XE), Fresenius SE Pfd. (Germany, Health Care, FRE.XE) and Beiersdorf AG (Germany, Personal & Household Goods, BEI.XE), respectively.
In the Dow Jones Hong Kong Titans 30 Index, China COSCO Holdings Co. Ltd. (Hong Kong, Industrial Good & Services, 1919.HK) and Aluminum Corp. of China Ltd. (Hong Kong, Basic Resources, 2600.HK) will be replaced by China Communications Construction Co. Ltd. (Hong Kong, Construction & Materials, 1800.HK) and Hongkong Electric Holdings Ltd. (Hong Kong, Utilities, 0006.HK), respectively.
In the Dow Jones India Titans 30 Index, the following five components are being removed: Infrastructure Development Finance Co. Ltd. (India, Financial Services, 532659.BY), Hindalco Industries Ltd. (India, Basic Resources, 500440.BY), Tata Motors Ltd. (India, Industrial Goods & Services, 500570.BY), Unitech Ltd. (India, Real Estate, 507878.BY) and Suzlon Energy Ltd. (India, Oil & Gas 532667.BY).
Companies joining the index: HDFC Bank Ltd. (India, Banks, 500180.BY), NTPC Ltd. (India, Utilities, 532555.BY), Hindustan Unilever Ltd. (India, Personal & Household Goods, 500696.BY), Steel Authority of India Ltd. (India, Basic Resources, 500113.BY) and Tata Power Co. Ltd. (India, Utilities, 500400.BY).
In the Dow Jones Italy Titans 30 Index, Pirelli & C. S.p.A. (Italy, Automobiles & Parts, PC.MI) will be replaced by ERG S.p.A. (Italy, Oil & Gas, ERG.MI).
In the Dow Jones Japan Titans 100 Index, Nitto Denko Corp. (Japan, Basic Materials, 6988.TO), Orix Corp. (Japan, Financial Services, 8591.TO) and Kobe Steel Ltd. (Japan, Basic Resources, 5406.TO) will be replaced by Shiseido Co. Ltd. (Japan, Personal & Household Goods, 4911.TO), Tohoku Electric Power Co. Inc. (Japan, Utilities, 9506.TO) and Kyushu Electric Power Co. Inc. (Japan, Utillities, 9508.TO), respectively.
In the Dow Jones Kuwait Titans 30 Index, the following six components are being removed: Kuwait Financial Centre S.A.K.C. (Kuwait, Financial Services, MARKAZ.KW), Al Ahleia Holding Co. K.S.C.C. (Kuwait, Financial Services, AINV.KW), International Investment Group K.S.C.C. (Kuwait, Financial Services, IIG.KW), Kuwait Real Estate Co. K.S.C. (Kuwait, Real Estate, KRE.KW), Al-Madina for Finance & Investment Co. (Kuwait, Financial Services, ALMADINA.KW) and Noor Financial Investment Co. K.S.C.C. (Kuwait, Financial Services, NOOR.KW).
Companies joining the index: Al-Mazaya Holding Co. S.A.K.C. (Kuwait, Real Estate, MAZAYA.KW), National Ranges Co. K.S.C.C. (Kuwait, Construction & Materials, MAYADEEN.KW), Abyaar Real Estate Development Co. (Kuwait, Real Estate, ABYAAR.KW), Gulf Cable & Electrical Industries Co. K.S.C. (Kuwait, Industrial Goods & Services, CABLE.KW), Mena Holding Co. K.S.C.C. (Kuwait, Oil & Gas, MENAHOLD.KW) and Securities House K.S.C.C. (Kuwait, Financial Services, SECH.KW).
In the Dow Jones Malaysia 30 Titans Index, Public Bank Bhd Fgn (Malaysia, Banks, 1295.KU) and RHB Capital Bhd (Malaysia, Banks,1066.KU) will be replaced by TM International Bhd (Malaysia, Telecommunications, 6888.KU) and Petronas Gas Bhd (Malaysia, Oil & Gas, 6033.KU), respectively.
In the Dow Jones Netherlands Titans 30 Index, AMG Advanced Metallurgical Group N.V. (Netherlands, Industrial Goods & Services, AMG.AE) will be replaced by Core Laboratories N.V. (Netherlands, Oil & Gas, CLB).
In the Dow Jones Singapore Titans 30 Index, UOL Group Ltd. (Singapore, Real Estate, U14.SG) and Keppel Land Ltd. (Singapore, Real Estate, K17.SG) will be replaced by Olam International Ltd. (Singapore, Food & Beverage, O32.SG) and Jardine Strategic Holdings Ltd. (Singapore, Industrial Goods & Services, J37.SG), respectively.
In the Dow Jones South Africa Titans 30 Index, Investec Ltd. (South Africa, Financial Services, INL.JO) will be replaced by Shoprite Holdings Ltd. (South Africa, Retail, SHP.JO).
In the Dow Jones South Korea Titans 30 Index, Woori Finance Holdings Co. Ltd. (South Korea, Banks, 053000.SE) will be replaced by GS Engineering & Construction Corp. (South Korea, Construction & Materials, 006360.SE).
In the Dow Jones Spain Titans 30 Index, Sacyr-Vallehermoso S.A. (Spain, Construction & Materials, SYV.MC) will be replaced by Iberdrola Renovables S.A. (Spain, Utilities, IMB.MC).
In the Dow Jones Sri Lanka Titans 20 Index, Hemas Holdings PLC (Sri Lanka, Personal & Household Goods, HHL.SL), Tokyo Cement Co. Lanka PLC Non-Vtg (Sri Lanka, Construction & Materials, TKYO.SL) and ACL Cables PLC (Sri Lanka, Industrial Goods & Services, ACL.SL) will be replaced by Ceylinco Insurance PLC (Sri Lanka, Insurance, CINS.SL), Richard Pieris & Co. PLC (Sri Lanka, Personal & Household Goods, RICH.SL) and Carsons Cumberbatch PLC (Sri Lanka ,Financial Services, CARS.SL), respectively.
In the Dow Jones Sweden Titans 30 Index, JM AB (Sweden, Real Estate, JM.SK) will be replaced by Meda AB Series A (Sweden, Health Care, MEDA-A.SK).
In the Dow Jones Taiwan Titans 30 Index, Advanced Semiconductor Engineering Inc. (Taiwan, Technology, 2311.TW) and Mega Financial Holding Co. Ltd. (Taiwan, Financial Services 2886.TW) will be replaced by First Financial Holding Co. Ltd. (Taiwan, Financial Services, 2892.TW) and Taiwan Fertilizer Co. Ltd. (Taiwan, Chemicals, 1722.TW), respectively.
In the Dow Jones Turkey Titans 20 Index, Petrol Ofisi A.S. (Turkey, Oil & Gas, PTOFS.IS) will be replaced by Migros Turk T.A.S. (Turkey, Retail, MIGRS.IS).
In the Dow Jones U.K. Titans 50 Index, Wolseley PLC (United Kingdom, Industrial Goods & Services, WOS.LN) will be replaced by Smith & Nephew PLC (United Kingdom, Health Care, SN.LN).
The free-float market capitalization in USD of the reconstituted Dow Jones Country Titans Indexes as of March 3, 2009.
Dow Jones Australia Titans 30 Index increased to $314.28 billon from $309.43 billion. Dow Jones Brazil Titans 20 ADR Index increased to $208.32 billion from $200.55 billion. Dow Jones Cyprus Titans 10 Index increased to $2.618 billion from $2.613 billion. Dow Jones Germany Titans 30 Index increased to $434.80 billion from $427.06 billion. Dow Jones Hong Kong Titans 30 Index increased $284.12 billion from $275.58 billion. Dow Jones India Titans 30 Index increased to $129.66 billion from $114.97 billion. Dow Jones Italy Titans 30 Index increased to $185.27 billion from $185.12 billion. Dow Jones Japan Titans 100 Index increased to $1.161 trillion from $1.143 trillion. Dow Jones Kuwait Titans 30 Index increased to $28.66 billion from $27.73 billion. Dow Jones Malaysia Titans 30 Index decreased to $42.52 billion from $48.10 billion. Dow Jones Netherlands Titans 30 Index increased to $152.10 billion from $150.58 billion. Dow Jones Singapore Titans 30 Index increased to $74.86 billion from $72.43 billion. Dow Jones South Africa Titans 30 Index increased to $89.33 billion from $88.57 billion. Dow Jones South Korea Titans 30 Index increased to $141.07 billion $140.38 billion. Dow Jones Spain Titans 30 Index increased to $243.32 billion from $240.71 billion. Dow Jones Sri Lanka Titans 20 Index increased to $993 million from $954 million. Dow Jones Sweden Titans 30 Index increased to $117.78 billion from $116.87 billion. Dow Jones Taiwan Titans 30 Index decreased to $146.10 billion from $146.67 billion. Dow Jones Turkey Titans 20 Index increased to $20.39 billion from $20.07 billion. Dow Jones U.K. Titans 50 Index increased to $1.018 trillion from $1.012 trillion.
No changes are being made in the following Dow Jones Country Titans Indexes: Dow Jones Canada Titans 40 Index, Dow Jones France Titans 30 Index and Dow Jones Switzerland Titans 30 Index as a result of this annual review.
Changes in the Dow Jones Country Titans Indexes are being announced today after the conclusion of a regular annual index review using the free-float market capitalization and trading volume for components as of February 23, 2009.
Dow Jones Global Titans
In the Dow Jones Global Titans 50 Index, Citigroup Inc. (United States, Banks, C) will be replaced by Sanofi-Aventis S.A. (France, Health Care, 12057.FR). Citigroup Inc. is being deleted due to the "Extraordinary Component Removal Rule." The rule is applied when the float-adjusted market capitalization of a current component in the Dow Jones Global Titans 50 Index falls below the largest 200 companies by float-adjusted market capitalization in the stock selection universe. This rule allows component changes to the Dow Jones Global Titans 50 Index to be implemented outside of the index's regular annual review in June.
Further information on the Dow Jones Select Dividend, Dow Jones Country Titans and Dow Jones Global Titans 50 indexes, can be found on the Dow Jones Indexes Web site at http://www.djindexes.com
Company additions to and deletions from the Dow Jones Select Dividend, Dow Jones Country Titans and Dow Jones Global Titans 50 indexes 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, 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 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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