Shin Corporation Public Company Limited added to Dow Jones Emerging Markets Select Dividend Index

Shin Corporation Public Company Limited will be added to the Dow Jones Emerging Markets Select Dividend Index, Dow Jones Indexes..…   

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The addition of Bangkok, Thailand-based Shin Corporation PCL follows the removal of China Molybdenum Co., Ltd., which elected not to pay a dividend for the year ended December 31, 2011.

The Dow Jones Emerging Markets Select Dividend Index measures the stock performance of 100 leading dividend-paying emerging markets companies by their dividend yield.

Shin Corporation PCL is a holding company that invests in diversified telecommunications, media and advertising businesses. Shin’s subsidiaries and affiliated companies offer services including satellite transponders, television broadcasting, cellular phone and wireless communication, information technology and internet, low-cost air travel, and consumer financing.

The addition of Shin Corporation PCL in the Dow Jones Emerging Markets Select Dividend Index will be effective before the open of trading on Monday, April 2, 2012.
 

Source: ETFWorld – Dow Jones Indexes

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced the launch of a new set of ex Financials and ex Banks indices for Europe and the Euro zone. The new indices exclude all companies which are part of the Industry Classification Benchmark's (ICB) industry Financials or the supersector Banks, respectively.