The review resulted in changes to the Dow Jones Global Titans 50, Dow Jones Sector Titans 30 and Dow Jones Asian Titans 50 indexes.
According to a news release from Dow Jones Indexes, five component stocks are being changed in the Dow Jones Global Titans 50 index. The new additions to the index are:
- ChevronTexaco, domiciled in the US
- Royal Bank of Scotland Group, UK
- PepsiCo, US
- Barclays UK, and
- AstraZeneca UK
These stocks will replace:
- Ford Motor Co., US
- Mitsubishi Tokyo Financial Group, Japan,
- Deutsche Telekom, Germany,
- WorldCom, US and
- BT Group UK
Total free-float market capitalization of the reconstituted Dow Jones Global Titans 50 Index increased to $5.4 trillion from $5.18 trillion as of May 31, 2002.
The following four stocks are being added to the Dow Jones Asian Titans 50 index:
- Japan’s Nissan Motor Co.
- Kookmin Bank, domiciled in South Korea,
- Hyundai Motor Co., South Korea, and
- United Overseas Bank, Singapore
They will replace:
- Denso Corp., of Japan,
- Hong Kong’s Swire Pacific A,
- Singapore Telecommunications Ltd in Singapore, and
- Citic Pacific, Hong Kong
Total free-float market capitalization of the reconstituted Dow Jones Asian Titans 50 Index increased to $1.06 trillion from $1.02 trillion as May 31, 2002.
The group also made substantial changes to its Dow Jones Sector Titans 30 index. A full component list can be viewed at the company’s Web site at www.djindexes.com .
The changes will be effective with the opening of
trading on June 24, 2002.