Eleven New Stocks Added to S-Network Emerging Infrastructure Builders Index in Quarterly Rebalancing
NEW YORK, March 11 /PRNewswire/ -- The S-Network Emerging Infrastructure Builders Index(SM) (TICKER: EIBI) will add eleven new constituents in its quarterly rebalancing, effective 6:00 PM (EDT) Sunday, March 21, 2010, changing the number of index constituents to 74.
The additions to EIBI are:
Shikun & Binui Ltd (TICKER: SKBN IT)
WCT Berhad (TICKER: WCT MK)
Dialog Group Berhad (TICKER: DLG MK)
Assore Ltd (TICKER: ASR SJ)
First Tractor Company Ltd (TICKER: 38 HK)
Guangzhou Shipyard International Co Ltd (TICKER: 317 HK)
Chongqing Iron & Steel Company Ltd (TICKER: 1053 HK)
Weg S.A. (TICKER: WEGE3 BZ)
Paranapanema S.A. (TICKER: PMAM3 BZ)
Iochpe-Maxion S.A. (TICKER: MYPK3 BZ)
Lupatech S.A. (TICKER: LUPA3 BZ)
A complete list of constituents and weights will be posted on the S-Network Emerging Infrastructure Builders Index(SM) website (http://infra.snetglobalindexes.com/about_the_indexes.php) as of the effective date.
The S-Network Emerging Infrastructure Builders Index(SM) is a capitalization-weighted, float- adjusted index of the most prominent infrastructure stocks from developing and middle-income countries, plus a limited number of developed market stocks with extensive emerging markets operations. To be included in the EIBI index, stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover.
The Index Committee today announced a change in index methodology relating to "Special Dividends" as follows: Any 'explicitly labeled' Special Dividend or any dividend larger than 10% of the equity price is considered a special dividend and requires a price and share adjustment to the company that issued the special dividend. The adjustment will be a market neutral event and will have no effect on the divisor.
Detailed information, including constituent data, rules and price information on the S-Network Emerging Infrastructure Builders Index(SM) is available at www.snetinfrastructureindex.com. Data is also available through most vendors of financial data.
Index: S-Network Emerging Infrastructure Builders Index(SM) (USD) TICKER: EIBI
Index: S-Network Emerging Infrastructure Builders Index(SM) (EUR) TICKER: EIBIE
Contact: Joseph LaCorte, CFA S-Network Global Indexes, LLC 646-467-7927 www.snetinfrastructureindex.com
SOURCE S-Network Emerging Infrastructure Builders Index
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