EGITTO

Egypt, Kazakhstan Exchanges to be added to Dow Jones Feas Index Universe

Dow Jones Indexes announced that the Egyptian Exchange (EGX) and the Kazakhstan Stock Exchange (KASE) will be added to the Dow Jones FEAS Index universe, effective after the close of trading on September 16, 2011. ..

 


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The Dow Jones FEAS Indexes measure the performance of companies across the Euro-Asian region. There are three indexes in the family: a composite and two regional sub-indexes. With the addition of Egypt (77) and Kazakhstan (7), 84 new component stocks will be added to the index, making for a total of 472 component stocks.

The Dow Jones FEAS Composite Index includes component stocks of 16 of the 34 member states of the Federation of Euro-Asian Stock Exchanges. The exchanges include Abu Dhabi (UAE), Almaty (Kazakhstan), Amman (Jordan), Banja Luka (Bosnia and Herzegovina), Belgrade (Serbia), Bucharest (Romania), Cairo (Egypt), Nablus (Palestine), Istanbul (Turkey), Karachi (Pakistan), Manama (Kingdom of Bahrain), Muscat (Oman), Sarajevo (Bosnia and Herzegovina), Skopje (Republic of Macedonia), Sofia (Bulgaria) and Zagreb (Croatia).

The Dow Jones FEAS Middle East/Caucasus Index includes stocks from six FEAS member exchanges: Abu Dhabi, Amman, Cairo, Gaza, Manama and Muscat.

The Dow Jones FEAS South East Europe Index measures the performance of companies listed on eight FEAS member exchanges: Banja Luka, Belgrade, Bucharest, Istanbul, Sarajevo, Skopje, Sofia and Zagreb.

The Dow Jones FEAS Indexes are designed to cover 95% of the free-float market capitalization of each country in its respective index. In addition to float-adjusted market capitalization, components are selected based on readily available prices. The indexes are calculated and disseminated in Euro and U.S. dollars, and weighted by float-adjusted market capitalization.

The Dow Jones FEAS Indexes are rebalanced quarterly, including an update of outstanding shares and float factors.


Source: ETFWorld – Dow Jones Indexes



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