UPDATE ON THE DOW JONES ISLAMIC MARKET INDICES FOR 3RD QTR 2008
Dow Jones Islamic Market Indexes – Index Review Results: 3rd Quarter 2008
17/09/08
Dow Jones Indexes, a leading global index provider, today announced the results of the regular quarterly review of the Dow Jones Islamic Market Indexes. All changes will be effective at the start of trading on Monday, September 22, 2008.
In the Dow Jones Islamic Market World Index, 91 components will be added while 160 components will be deleted. That brings the number of components in the index to 2,321.
With 34 additions and 107 deletions, the number of components in the Dow Jones Islamic Market Asia/Pacific Index will decrease to 1,006. In the Dow Jones Islamic Market Europe Index, 25 components will be added while 21 components will be deleted. That brings the number of components in the index to 394. The number of components in the Dow Jones Islamic Market Americas Index will remain at 866, with 27 additions and 27 deletions.
In the Dow Jones Islamic Market BRIC Equal Weighted Index, 6 components will be added while 8 components will be deleted. That brings the number of components in the index to 80.
In the Dow Jones Islamic Market China Offshore Index, 1 component will be added while 5 components will be deleted. That brings the number of components to 24. With 9 additions and 22 deletions, the number of components in the Dow Jones Islamic Market Hong Kong Index will decrease to 122. In the Dow Jones Islamic Market India Index, 20 components will be added while 21 components will be deleted. That brings the number of components in the index to 217. The number of components in the Dow Jones Islamic Market Turkey Index will increase to 32, with 3 additions and 1 deletion.
The total free-float market capitalization of the reconstituted Dow Jones Islamic Market World Index increased to US$12.86 trillion from US$12.84 trillion1.
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