Three New Stocks Added to Stowe Global Coal Index in Quarterly Rebalancing; One Stock Deleted

Dec 08, 2010, 03:00 ET from The Stowe Global Coal Index(SM)

NEW YORK, Dec. 8, 2010 /PRNewswire/ -- The Stowe Global Coal Index (SM) (TICKER: COAL) will add three new components, effective 6:00 PM (EST) Sunday, December 19, 2010. One stock will be deleted from the index, changing the number of index components to 39. The changes result from the quarterly rebalancing of the index.

The additions to COAL are:

Cockatoo Coal Ltd (TICKER: COK AU)

Gloucester Coal Ltd (TICKER: GCL AU)

Puda Coal Inc (TICKER: PUDA US)

The deletion from COAL is:

Fuel Tech Inc (TICKER: FTEK US)

A complete list of constituents and weights will be posted on the Stowe Global Coal Index (SM) website (http://stowe.snetglobalindexes.com/about_the_indexes.php) as of the effective date. 

The Stowe Global Coal Index (SM) is a capitalization-weighted, float-adjusted index of the most prominent coal stocks in the world. To be included in the COAL index, stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover. 

Detailed information, including constituent data, rules and price information, on the Stowe Global Coal Index (SM) is available at www.stowecoalindex.com. Data is also available through most vendors of financial data. 

Index: Stowe Global Coal Index (SM)  (USD) TICKER: COAL

Index: Stowe Global Coal Index (SM) (EUR) TICKER: COALE

Contact:


Joseph LaCorte 

Stowe Global Indexes, LLC 

646-467-7927 

www.stowecoalindex.com


Mike Keenan 

Stowe Partners, LLC 

916-481-1772 

www.stowepartners.com



SOURCE The Stowe Global Coal Index(SM)



RELATED LINKS

http://www.stowecoalindex.com