For more stories like this, sign up for the PLANADVISERdash daily newsletter.
The Markets January 16, 2008
Dow Jones Wilshire Global Index Family Expands
Dow Jones Indexes and Wilshire Associates have announced that Bahrain, Kuwait and Sri Lanka will be added to the Dow Jones Wilshire Global index family.
Reported by Nevin E. Adams
The additions will become effective as of the start of trading on March 24, 2008, after the regular quarterly review of the Dow Jones Wilshire Global Indexes. According to a press release, the inclusion of these three countries to the Dow Jones Wilshire Global index family increases the total number of countries in the index suite to 61.
All three countries will be added to the Dow Jones Wilshire Global Total Market Index, Dow Jones Wilshire Global exUS Index, and Dow Jones Wilshire Emerging Markets Index. In addition, Bahrain and Kuwait will join the Dow Jones Wilshire Middle East & Africa Index. Sri Lanka will join the Dow Jones Wilshire Asia-Pacific Index.
Company Count
As of January 14, 2008, 8 Bahraini, 69 Kuwaiti, and 18 Sri Lankan companies are expected to be added to the Dow Jones Wilshire Global Total Market Index and respective regional and country indexes. The final component count will be available on March 24, 2008. There are currently 12,822 stocks in the Dow Jones Wilshire Global Total Market Index.
The Dow Jones Wilshire Bahrain Index, Dow Jones Wilshire Kuwait Index and Dow Jones Wilshire Sri Lanka Index will have initial index values of 1,000.00 on March 23, 2008, according to a press release. The Dow Jones Wilshire Global Indexes are calculated in price and total return and weighted by float-adjusted market capitalization.
Further information can be found on www.djindexes.com.