The New York Stock Exchange will make the following changes to the NYSE U.S. 100, NYSE International 100, NYSE TMT and the NYSE World Leaders Indexes, effective Mon., Dec. 18 as a result of quarterly re-balancing.
NYSE
|
ADDITIONS |
DELETIONS |
||
|
Symbol |
Company Name |
Symbol |
Company Name |
|
LVS |
Las Vegas Sands Corp. |
FDC |
First Data Corp. |
NYSE International 100 Index (NYI.ID)
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ADDITIONS |
DELETIONS |
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|
Symbol |
Company Name |
Symbol |
Company Name |
|
MFG |
Mizuho Financial Group Inc. ADS |
BSY |
British Sky Broadcasting Group PLC ADS |
NYSE TMT Index (NYY.ID)
|
ADDITIONS |
DELETIONS |
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|
Symbol |
Company Name |
Symbol |
Company Name |
|
N/A |
N/A |
N/A |
N/A |
NYSE World Leaders Index (NYL.ID)
|
ADDITIONS |
DELETIONS |
||
|
Symbol |
Company Name |
Symbol |
Company Name |
|
LVS |
Las Vegas Sands Corp. |
FDC |
First Data Corp. |
|
MFG |
Mizuho Financial Group Inc. |
BSY |
British Sky Broadcasting Group PLC ADS |
About the NYSE Index Family
NYSE
NYSE International 100 Index (NYI.ID):The International 100 Index reflects the performance of the 100 NYSE-listed non-US companies with the largest market capitalization. It is designed to assist investors seeking to track the largest companies outside the
NYSE TMT Index (NYY.ID): The TMT Index tracks the top 100 NYSE-listed technology, media and telecom stocks. Approximately the same size as Nasdaq, the NYSE TMT Index is the first tool to track the global TMT market with all components priced on the NYSE during
NYSE World Leaders Index (NYL.ID): The World Leaders Index combines the U.S. 100 and International 100 Indexes to create a well-diversified group of NYSE-listed companies that represent 17 countries and all 10 industry sectors according to the Industry Classification Benchmark.
Methodology
The entire index universe is ranked in descending order by unadjusted market capitalization. Prior components with size ranks of 80 or higher remain in the index while prior components ranked below 120 in size are removed from the index. Beginning with the highest-ranked component, any non-component stock ranked 80 or higher on the selection list is added to the index. The new stock replaces the lowest-ranked stock remaining in the index, if the index would have more than 100 components when it is added.
*For the NYSE TMT Index, cap sector weights are set for technology, media and telecommunications at no more than 40% so that no one sector dominates the index. Also cap sub-industry weights are set at no more than 20% so that one sub-group does not dominate the index.
*For the NYSE World Leaders Index, tracking for the components and performance of the NYSE US 100 Index and NYSE International 100 Index are combined and component weights are based on float-adjusted market-caps for the combined index.
The company additions and/or deletions listed above are not an assessment of the company’s prospects, potential or investment value.
About NYSE Group, Inc.
NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange LLC (the “NYSE”) and NYSE Arca, Inc. (formerly known as the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. In the third quarter of 2006, on an average trading day, 2.2 billion shares, valued at $80.1 billion, were traded on the exchanges of the NYSE Group.
The NYSE is the world’s largest and most liquid cash equities exchange. The NYSE provides a reliable, orderly, liquid and efficient marketplace where investors buy and sell listed companies’ common stock and other securities. On
NYSE Arca, Inc. operates the former ArcaEx®, the first open, all-electronic stock exchange in the
NYSE Regulation, an independent not-for-profit subsidiary, regulates member organizations through the enforcement of marketplace rules and federal securities laws. NYSE Regulation also ensures that companies listed on the NYSE and NYSE Arca meet their financial and corporate governance listing standards.
For more information on NYSE Group, go to: www.nyse.com.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on NYSE Group’s current expectations and involve risks and uncertainties that could cause NYSE Group’s actual results to differ materially from those set forth in the statements. There can be no assurance that such expectations will prove to be correct. Actual results may differ materially from those expressed or implied in the forward-looking statements. Factors that could cause NYSE Group’s results to differ materially from current expectations include, but are not limited to: NYSE Group’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Group’s Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Group that the projections will prove to be correct. NYSE Group undertakes no obligation to release any revisions to any forward-looking statements.
