NEW YORK, May 29, 2008 (PRIME NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced the results of the regular annual review of the Dow Jones Sector Titans Indexes. Changes being announced today will be effective as of the open of trading on Monday, June 23, 2008.
The following 98 companies will be added/deleted from the Dow Jones Sector Titans Indexes:
Dow Jones Banks Titans 30 Index
Country Company / Symbol(s) Add/Delete
Canada Toronto-Dominion Bank (TD.T, TD) Add
United States Washington Mutual Inc. (WM) Delete
The free-float market capitalization of the reconstituted Dow Jones
Banks Titans 30 Index increased to US$2.263 trillion from US$2.216
trillion(1).
Dow Jones Basic Resources Titans 30 Index
Country Company / Symbol(s) Add/Delete
Brazil Gerdau S/A Pref (GGB, GGBR4.BR) Add
South Africa Impala Platinum Holdings Ltd. Add
(IMP.JO, IMPUY)
United States Weyerhaeuser Co. (WY) Delete
Finland Stora Enso Oyj R (SEOAY, STEAV.HE) Delete
The free-float market capitalization of the reconstituted Dow Jones
Basic Resources Titans 30 Index increased to US$1.194 trillion from
US$1.173 trillion.
Dow Jones Chemicals Titans 30 Index
Country Company / Symbol(s) Add/Delete
Norway Yara International ASA (YAR.OS, YARIY) Add
United States Avery Dennison Corp. (AVY) Delete
The free-float market capitalization of the reconstituted Dow Jones
Chemicals Titans 30 Index increased to US$694 billion from US$684
billion.
Dow Jones Construction & Materials Titans 30 Index
Country Company / Symbol(s) Add/Delete
United States Weyerhaeuser Co. (WY) Add
United States Jacobs Engineering Group Inc. (JEC) Add
Japan Shimizu Corp. (1803.TO) Delete
Spain Sacyr-Vallehermoso S.A. (SYV.MC) Delete
The free-float market capitalization of the reconstituted Dow Jones
Construction & Materials Titans 30 Index increased to US$360 billion
from US$341billion.
Dow Jones Financial Services Titans 30 Index(2)
Country Company / Symbol(s) Add/Delete
United Kingdom Legal & General Group PLC Add
(LGEN.LN; LGGNY)
United States CME Group Inc. Cl A (CME) Add
United States MasterCard Inc. Cl A (MA) Add
United Kingdom Man Group PLC (EMG.LN) Add
Brazil Itausa-Investimentos Itau S/A Pref Add
(ITSA4.BR)
Australia Macquarie Group Ltd. (MQBKY, MQG.AU) Add
Switzerland Julius Baer Holding AG (BAER.VX) Add
United States NYSE EURONEXT (NXY) Add
United States T. Rowe Price Group Inc. (TROW) Add
Hong Kong Hong Kong Exchanges & Clearing Ltd. Add
(0388.HK)
Japan Mitsubishi Estate Co. Ltd. Delete
(8802.TO, MITEY)
Australia Westfield Group (WDC.AU, WFGPY, WFD.XX) Delete
Hong Kong Sun Hung Kai Properties Ltd. Delete
(0016.hK, SUHJY)
Hong Kong Cheung Kong (Holdings) Ltd. Delete
(0001.HK, CHEUY)
Canada Brookfield Asset Management Inc. Cl A Delete
(BAM.A.T., BAM)
France Unibail-Rodamco S.A. (UL.FR) Delete
Japan Mitsui Fudosan Co. Ltd. (8801.TO) Delete
United States Simon Property Group Inc. (SPG) Delete
United States Equity Residential (EQR) Delete
United Kingdom Land Securities Group PLC (LAND.LN) Delete
The free-float market capitalization of the reconstituted Dow Jones
Financial Services Titans 30 Index decreased to US$695 billion from
US$746 billion.
Country Company / Symbol(s) Add/Delete
Mexico Fomento Economico Mexicano S.A.B. de C.V. Add
(FEMSA.MX, FMX)
United States Hershey Co. (HSY) Delete
The free-float market capitalization of the reconstituted Dow Jones
Food & Beverage Titans 30 Index increased to US$986 billion from
US$981 billion.
Dow Jones Industrial Goods & Services Titans 30 Index
Country Company / Symbol(s) Add/Delete
Japan Komatsu Ltd. (6301.TO, KMTUY) Add
Japan Mitsubishi Electric Corp. Add
(6503.TO, MIELY)
United States Automatic Data Processing Inc. (ADP) Delete
United States Tyco International Ltd. (New) (TYC) Delete
The free-float market capitalization of the reconstituted Dow Jones
Industrial Goods & Services Titans 30 Index increased to US$1.443
trillion from US$1.435 trillion.
Dow Jones Insurance Titans 30 Index
Country Company / Symbol(s) Add/Delete
Australia QBE Insurance Group Ltd. (QBE.AU) Add
United Kingdom Legal & General Group PLC Delete
(LGEN.LN; LGGNY)
The free-float market capitalization of the reconstituted Dow Jones
Insurance Titans 30 Index increased to US$1.008 trillion from US$1.001
trillion.
Dow Jones Media Titans 30 Index
Country Company / Symbol(s) Add/Delete
Canada Shaw Communications Inc. Cl B NV Add
(SJR.A.V., SJR.B.T., SJR)
United States Time Warner Cable Inc. (TWC) Add
France SES FDR Add
United Kingdom ITV PLC (ITV.LN) Delete
United States Liberty Media Holding Corp. Delete
Capital Series A (LCAPA, LCAPB)
United Kingdom Yell Group PLC (YELL.LN) Delete
The free-float market capitalization of the reconstituted Dow Jones
Media Titans 30 Index increased to US$509 billion from US$494 billion.
Dow Jones Oil & Gas Titans 30 Index
Country Company / Symbol(s) Add/Delete
United States Hess Corp. (HES) Add
Japan Nippon Oil Corp. (5001.TO) Delete
The free-float market capitalization of the reconstituted Dow Jones
Oil & Gas Titans 30 Index increased to US$2.635 trillion from US$2.610
trillion.
Dow Jones Personal & Household Goods Titans 30 Index
Country Company / Symbol(s) Add/Delete
United States Altria Group Inc. (MO) Add
South Korea LG Electronics Inc. (066570.SE) Add
Japan Konica Minolta Holdings Inc. (4902.TO) Add
United States Clorox Co. (CLX) Delete
United States Mattel Inc. (MAT) Delete
United States D.R. Horton Inc. (DHI) Delete
The free-float market capitalization of the reconstituted Dow Jones
Personal & Household Goods Titans 30 Index increased to US$1.068
trillion from US$1.017 trillion.
Dow Jones Retail Titans 30 Index
Country Company / Symbol(s) Add/Delete
Australia Wesfarmers Ltd. (WES.AU) Add
United States Sears Holdings Corp. (SHLD) Delete
The free-float market capitalization of the reconstituted Dow Jones
Retail Titans 30 Index increased to US$872 billion from US$859
billion.
Dow Jones Technology Titans 30 Index
Country Company / Symbol(s) Add/Delete
Taiwan High Tech Computer Corp. (2498.TW) Add
Canada Research in Motion Ltd. (RIM.T, RIMM) Add
United States Sun Microsystems Inc. (JAVA) Delete
United States Analog Devices Inc. (ADI) Delete
The free-float market capitalization of the reconstituted Dow Jones
Technology Titans 30 Index increased to US$2.070 trillion from
US$2.013 trillion.
Dow Jones Telecommunications Titans 30 Index
Country Company / Symbol(s) Add/Delete
Hong Kong China Unicom Ltd. (0726.HK, CHU) Add
South Korea KT Corp. (030200.SE, KTC) Delete
The free-float market capitalization of the reconstituted Dow Jones
Telecommunications Titans 30 Index increased to US$1.289 trillion from
US$1.278 trillion.
Dow Jones Travel & Leisure Titans 30 Index
Country Company / Symbol(s) Add/Delete
United States Wynn Resorts Ltd. (WYNN) Add
Japan Kintetsu Corp. (9041.TO) Add
United States Wyndham Worldwide Corp. (WYN) Delete
United States Darden Restaurants Inc. (DRI) Delete
The free-float market capitalization of the reconstituted Dow Jones
Travel & Leisure Titans 30 Index increased to US$341 billion from
US$337 billion.
Dow Jones Utilities Titans 30 Index
Country Company / Symbol(s) Add/Delete
Finland Fortum Oyj (FUM1V.HE) Add
Japan Tokyo Gas Co. Ltd. (9531.TO) Delete
The free-float market capitalization of the reconstituted Dow Jones
Utilities Titans 30 Index increased to US$955 billion from US$943
billion.
No deletions or additions will be made to the Dow Jones Automobiles &
Parts Titans 30 Index and Dow Jones Health Care Titans 30 Index as a
result of this regular annual review.
The free-float market capitalization of the Dow Jones Automobiles &
Parts Titans 30 Index is US$617 billion. The free-float market
capitalization of the Dow Jones Health Care Titans 30 Index is
US$1.698 trillion
Dow Jones Real Estate Titans 30 Index
Country Company / Symbol(s) Add/Delete
Japan Mitsubishi Estate Co. Ltd. Add
(8802.TO, MITEY)
Australia Westfield Group (WDC.AU, WFGPY, WFD.XX) Add
Hong Kong Sun Hung Kai Properties Ltd. Add
(0016.hK, SUHJY)
Hong Kong Cheung Kong (Holdings) Ltd. Add
(0001.HK, CHEUY)
Japan Mitsui Fudosan Co. Ltd. (8801.TO) Add
Canada Brookfield Asset Management Inc. Cl A Add
(BAM.A.T., BAM)
France Unibail-Rodamco S.A. (UL.FR) Add
United States Simon Property Group Inc. (SPG) Add
United States Equity Residential (EQR) Add
United Kingdom Land Securities Group PLC (LAND.LN) Add
United States ProLogis (PLD) Add
United States Vornado Realty Trust (VNO) Add
United States Boston Properties Inc. (BXP) Add
Japan Sumitomo Realty & Development Co. Ltd. Add
(8830.TO)
United States Host Hotels & Resorts Inc. (HST) Add
Singapore CapitaLand Ltd. (C31.SG, CLLDY) Add
United Kingdom British Land Co. PLC (BLND.LN, BTLCY) Add
United States Public Storage (PSA, PSAA) Add
United States General Growth Properties Inc. (GGP) Add
Australia Stockland (SGP.AU) Add
United States Annaly Capital Management Inc. (NLY) Add
United States Kimco Realty Corp. (KIM) Add
United States HCP Inc. (HCP) Add
Hong Kong China Overseas Land & Investment Ltd. Add
(0688.HK)
United States Avalonbay Communities Inc. (AVB) Add
Hong Kong Henderson Land Development Co. Ltd. Add
(0012.HK, HLDCY)
Hong Kong Hang Lung Properties Ltd. Add
(0101.HK, HLPPY)
United States Plum Creek Timber Co. Inc. REIT (PCL) Add
Australia GPT Group (GPT.AU) Add
Netherlands CORIO N.V. (28896.AE) Add
The free-float market capitalization of the Dow Jones Real Estate
Titans 30 Index is US$401 billion.
The Dow Jones Real Estate Titans 30 Index is a new index in the Dow Jones Sector Titans Index series that is being reviewed for the first time. The new index is the result of the changes made to the Industry Classification Benchmark, the joint classification system launched by Dow Jones Indexes and FTSE Group, where Real Estate was elevated to the supersector level.
The Industry Classification Benchmark (ICB), the joint classification system launched by Dow Jones Indexes and FTSE Group, announced changes to the ICB four-tier industry classification system in December 2007. These changes were effective to the ICB system in March 2008.
Real Estate was added to the supersector level and seven subsectors were added under real estate to include a more detailed classification of REITs. Under the Oil & Gas supersector, alternative energy sector was added to recognize alternative power sources.
The ICB structure is now based on 10 industries, 19 supersectors, 41 sectors and 114 subsectors. These changes were effective to the ICB system on March 2008. Prior to the revisions, the structure included 10 industries, 18 supersectors, 39 sectors and 104 subsectors.
At the close of trading on Friday, June 20, 2008, all Dow Jones indexes will convert to the new ICB structure.
Company additions to and deletions from the Dow Jones Sector Titans 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 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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(1) The market capitalization values of the Dow Jones Sector Titans
Indexes cited in this report are as of May 23, 2008.
(2) The 10 deletions from Dow Jones Financial Services Titans 30 Index
are the result of the changes made to the Industry Classification
Benchmark, the joint classification system launched by Dow Jones
Indexes and FTSE Group, where Real Estate was elevated to the
supersector level.