Five Additions/Six Deletions in Stowe Global Coal Index Quarterly Rebalancing
New York, NY, December 16, 2015 -- The Stowe Global Coal Index℠ (TICKER: COAL) will remove six constituents in its quarterly rebalancing, effective 6:00 PM (EST) Sunday, December 20, 2015. Five constituent will be added, changing the number of index components to 25.
The additions to COAL are: Mongolian Mining Corporation (TICKER: 975 HK); Banpu Public Co Ltd (TICKER: BANPU TB); United Tractors Tbk Pt (TICKER: UNTR IJ); Washington H. Soul Pattinson (TICKER: SOL AU); Energy Earth PCL (TICKER: EARTH TB); and Lubelski Wegiel Bogdanka SA (TICKER: LWB PW).
The deletions from COAL are: Hargreaves Services PLC (TICKER: HSP LN); Arch Coal Inc (TICKER: ACI US); Harum Energy Tbk PT (TICKER: HRUM IJ); Mongolian Mining Corp (TICKER: 975 HK); Nippon Coke & Engineering Co (TICKER: 3315 JP); Bumi Resources Tbk PT (TICKER: BUMI IJ).
The Stowe Global Coal Index℠ 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℠ is available at www.stowecoalindex.com. Data is also available through most vendors of financial data.
Index: Stowe Global Coal Index℠ (USD)TICKER: COAL
Index: Stowe Global Coal Index℠ (EUR) TICKER: COALE
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