.jpg)
Dow Jones Indexes, a global index provider, today announced the results of its regular quarterly review of the Dow Jones Islamic Market Indexes, effective after the close of trading on Friday, December 16, 2011.
In the Dow Jones Islamic Market World Index, 82 components will be added while 77 components will be deleted. That increases the number of components in the index to 2,604 from 2,599. The top five components, by free-float market capitalization, to be added to the index are Apple Inc., Norfolk Southern Corp., Pioneer Natural Resources Co., Franco-Nevada Corp. and Rowan Cos. Inc. The free-float market capitalization of the reconstituted Dow Jones Islamic Market World Index increased to US$13.48 trillion from US$13.30 trillion.
In the Dow Jones Islamic Market Asia/Pacific Index, with 44 additions and 41 deletions, the number of components in the index will increase to 1,259 from 1,256. The top five components, by free-float market capitalization, to be added to the index are Boral Ltd., Brilliance China Automotive Holdings Ltd., Nippon Kayaku Co. Ltd., Australian Infrastructure Fund Ltd. and Bumi Armada Bhd. The free-float market capitalization of the reconstituted Dow Jones Islamic Market Asia/Pacific Index decreased to US$2.39 trillion from US$2.40 trillion.
In the Dow Jones Islamic Market Europe Index, nine components will be added, while 13 will be deleted, decreasing the number of components in the index to 393 from 397. The top five components, by free-float market capitalization, to be added to the index are Elisa Oyj, Salvatore Ferragamo S.p.A., Hochschild Mining PLC, Jazztel PLC and Jastrzebska Spolka Weglowa S.A. The free-float market capitalization of the reconstituted Dow Jones Islamic Market Europe Index decreased to US$2.85 trillion from US$2.88 trillion.
In the Dow Jones Islamic Market Americas Index, the number of components will increase to 809 from 799, with 25 additions and 15 deletions. The top five components, by free-float market capitalization, to be added to the index are Apple Inc., Norfolk Southern Corp., Pioneer Natural Resources Co., Franco-Nevada Corp. and Rowan Cos. Inc. The free-float market capitalization of the reconstituted Dow Jones Islamic Market Americas Index increased to US$8.04 trillion from US$7.83 trillion.
In the Dow Jones Islamic Market Hong Kong Index, 10 components will be added and 10 components will be deleted. The number of components in the index remains at 157. The top five components, by free-float market capitalization, to be added to the index are C.P. Pokphand Co. Ltd., Billion Industrial Holdings Ltd., Sinopoly Battery Ltd., Pou Sheng International Holdings Ltd. and Cosway Corp. Ltd. The free-float market capitalization of the reconstituted Dow Jones Islamic Market Hong Kong Index increased to US$146.71 billion from US$146.01 billion.
In the Dow Jones Islamic Market India Index, four components will be added, two will be deleted, increasing the number of components in the index to 181 from 179. The four new components, by free-float market capitalization, to be added to the index are Responsive Industries Ltd., Blue Dart Express Ltd., Abbott India Ltd. and Texmaco Rail & Engineering Ltd. The free-float market capitalization of the reconstituted Dow Jones Islamic Market India Index decreased to US$228.52 billion from US$228.95 billion.
In the Dow Jones Islamic Market Turkey Index, Coca-Cola Icecek Sanayi A.S. and Turk Traktor ve Ziraat Makineleri A.S. will be added and one component will be deleted. That increases the number of components in the index to 36 from 35. The free-float market capitalization of the reconstituted Dow Jones Islamic Market Turkey Index increased to US$16.81 billion from US$15.98 billion.
In the Dow Jones Islamic Market MENA Index, the number of components will increase to 169 from 168, with eight additions and seven deletions. The top five components, by free-float market capitalization, to be added to the index are Al Jouf Cement Co., Al Hassan Ghazi Ibrahim Shaker Co. Ltd., National Co. for Glass Industries, Les Ciments de Bizerte and Jordan Dubai Islamic Bank. The free-float market capitalization of the reconstituted Dow Jones Islamic Market MENA Index decreased to US$92.57 billion from US$99.97 billion.
In the Dow Jones Islamic Market BRIC Equal Weighted Index, four components will be added and three deleted, increasing the number of components in the index to 85 from 84. The four new components, by free-float market capitalization, to be added to the index are Brilliance China Automotive Holdings Ltd., Mills Estruturas e Servicos de Engenharia S.A., PhosAgro OJSC GDR and Global Ports Investments PLC GDR. The free-float market capitalization of the reconstituted Dow Jones Islamic Market BRIC Equal Weighted Index decreased to US$585.07 billion from US$629.66 billion.
In the Dow Jones Islamic Market China Offshore Index, one component will be deleted while no components will be added, decreasing the number of components in the index to 23. The free-float market capitalization of the reconstituted Dow Jones Islamic Market China Offshore Index decreased to US$96.43 billion from US$97.14 billion.
In the Dow Jones Islamic Market Titans 100 Index and sub-index, Dow Jones Islamic Market U.S. Titans 50 Index, Dell Inc. will be replaced by Apple Inc. The change is a result of the regular quarterly review of the Dow Jones Islamic Market World Index. The Dow Jones Islamic Market Titans 100 and its three sub-indexes -- Dow Jones Islamic Market U.S. Titans 50, Dow Jones Islamic Market Asia/Pacific Titans 25 and Dow Jones Islamic Market Europe Titans 25 -- are reviewed annually in June. The free-float market capitalization of the reconstituted Dow Jones Islamic Market Titans 100 Index increased to US$6.65 trillion from US$6.39 trillion.
All market capitalization values cited in this report are as of December 6, 2011.
There are currently more than 125 licensees benchmarked to the Dow Jones Islamic Market Indexes.
