One New Infrastructure Stock Added, Three Stocks Deleted from S-Network Emerging Infrastructure Builders Index in Quarterly Rebalancing
The S-Network Emerging Infrastructure Builders Index℠ (TICKER: EIBI) will add one new component, effective 09:00 AM (ET) Monday March 23, 2009. Three stocks will be deleted from the index, changing the number of index components to 60. The changes result from the quarterly rebalancing of the index.
New York (PRWEB) March 11, 2009 -- The S-Network Emerging Infrastructure Builders Index℠ (TICKER: EIBI) will add one new component, effective 09:00 AM (ET) Monday March 23, 2009. Three stocks will be deleted from the index, changing the number of index components to 60. The changes result from the quarterly rebalancing of the index.
The addition to the EIBI is:
WEG SA (TICKER: WEGE3 BZ)
Deletions from the EIBI are:
LSR Group (TICKER: LSRG LI)
WCT Engineering Bhd (TICKER: WCT MK)
KHD Humboldt Wedag International Ltd. (TICKER: KHD)
A complete list of constituents and weights will be posted on the S-Network Emerging Infrastructure Builders Index℠ web site, (http://infra.snetglobalindexes.com/about_the_indexes.php).
The S-Network Emerging Infrastructure Builders Index℠ 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.
Detailed information, including constituent data, rules and price information, on the S-Network Emerging Infrastructure Builders Index℠ is available at www.snetinfrastructureindex.com. Data is also available through most vendors of financial data.
Index: S-Network Emerging Infrastructure Builders Index℠ (USD)
TICKER: EIBI
Index: S-Network Emerging Infrastructure Builders Index℠ (EUR)
TICKER: EIBIE
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