(Source: PrimeNewswire)
NEW YORK, March 11, 2010 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced the results of the regular annual review of the Dow Jones SAFE Indexes. Changes to the composition of the Dow Jones SAFE 100 Index and its sub-index, the Dow Jones SAFE Pakistan Index, will be effective after the close of trading on Friday, March 19, 2010.
The following 15 companies will be deleted from the Dow Jones SAFE 100 Index: ABB Ltd. (India) (India, Industrial Goods & Services, 500002.BY), Ambuja Cements Ltd. (India, Construction & Materials, 500425.BY), Arif Habib Securities Ltd. (Pakistan, Financial Services, AHSL.KA), Bank Alfalah Ltd. (Pakistan, Banks, BAFL.KA), Bank of India (India, Banks, 532149.BY), EFU General Insurance Co. Ltd. (Pakistan, Insurance, EFUG.KA), GlaxoSmithKline Pakistan Ltd. (Pakistan, Health Care, GLAXO.KA), Idea Cellular Ltd. (India, Telecommunications, 532822.BY), National Refinery Ltd. (Pakistan, Oil & Gas, NRL.KA), Packages Ltd. (Pakistan, Industrial Goods & Services, PKGS.KA), Reliance Capital Ltd. (India, Insurance, 500111.BY), Shell Pakistan Ltd. (Pakistan, Oil & Gas, SHEL.KA), Sui Northern Gas Pipelines Ltd. (Pakistan, Utilities, SNGP.KA), Sui Southern Gas Co. Ltd. (Pakistan, Utilities, SSGC.KA) and Tata Communications Ltd. (India, Telecommunications, 500483.BY).
The nine Pakistani companies also will be removed from the Dow Jones SAFE Pakistan Index.
The 15 companies that are being added to the Dow Jones SAFE 100 Index are: Beximco Pharmaceuticals Ltd. (Bangladesh, Health Care, BXP.LN), British American Tobacco Bangladesh Co. Ltd. (Bangladesh, Personal & Household Goods, BATBC.DH), Carsons Cumberbatch PLC (Sri Lanka, Financial Services, CARS.SL), Ceylon Tobacco Co. PLC (Sri Lanka, Personal & Household Goods, CTC.SL), Commercial Bank Of Ceylon PLC (Sri Lanka, Banks, COMB.SL), Dutch Bangla Bank Ltd. (Bangladesh, Banks, DUTCHBANG.DH), Hindalco Industries Ltd. (India, Basic Resources, 500440.BY), Mahindra & Mahindra Ltd. (India, Industrial Goods & Services, 500520.BY), Nestle Pakistan Ltd. (Pakistan, Food & Beverage, NESTLE.KA), NHPC Ltd. (India, Utilities, 533098.BY), Pakistan Tobacco Co. Ltd. (Pakistan, Personal & Household Goods, PAKT.KA), Punjab National Bank (India, Banks, 532461.BY), Sesa Goa Ltd. (India, Basic Resources, 500295.BY), Tata Motors Ltd. (India, Industrial Goods & Services, 500570.BY) and Titas Gas Transmission & Distribution Co. Ltd (Bangladesh, Utilities, TITASGAS.DH).
The two Pakistani companies also will be added to the Dow Jones SAFE Pakistan Index.
The Dow Jones SAFE 100 Index measures the performance of 100 blue-chip companies in five of the eight member states of the South Asian Federation of Exchanges (SAFE).
