By Innovative Investor
15/06/2009
Dow Jones Indexes announced the results of its regular annual review of its Islamic Market Indexes.
No changes will be made to the Dow Jones Islamic Market Asia/Pacific Titans 25 Index. However, significant changes were made to the Dow Jones Islamic Market Asia/Pacific Index where the number of components was decreased to 1063. The free-float market capitalization of the reconstituted Dow Jones Islamic Market Asia/Pacific Index decreased to US$1.89 trillion from US$1.9 trillion.
Changes were also made to Dow Jones Islamic Market Malaysia Titans 25 Index where three components were removed and three components replaced them. The three new components include Petronas Dagangan, IJM Plantations and Fraser & Neave Holdings. The free-float market capitalization of the reconstituted Down Jones Islamic Market Malaysia Titans 25 Index decreased to US$253bn from US$27.54bn.
Notable changes were also made to the Dow Jones Islamic Market China Offshore Index, Dow Jones Islamic Market India Index and the Dow Jones Islamic Market Hong Kong Index.
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