Dow Jones announces launch of the Europe Dow and the Asia Dow

By Ashley Montgomery

Kansas City, Kan., Oct. 18 - Dow Jones Indexes announced the opening of two new regional indexes, the Europe Dow and the Asia Dow.

"With the launch of these two important regional indexes, we have taken 115 years' worth of experience from the Dow Jones industrial average and applied it to the Europe Dow and the Asia Dow," said John Prestbo, editor and executive director of Dow Jones. "These two indexes add to Dow Jones Indexes' long and impressive track record of reliably delivering significant financial data."

These indexes will operate in the same way as the Dow Jones Industrial Average to measure equity markets, according to a Dow Jones news release. The averages committee, which maintains the DJIA and the Global Dow, will also add and delete stocks from the new indexes, the release said.

According to the release, component stocks are required to be publicly traded equity securities from markets open to foreign investment. Stocks will typically be added based on reputation, sustained growth, investor interest, and sector representation. Stocks in each of these new indexes are weighted equally.

The Europe Dow includes 30 companies from Great Britain, France, Germany, Switzerland, Spain, Sweden, Denmark, Italy and the Netherlands. It will be calculated in U.S. dollars and in euros, the release said.

The Europe Dow contains: Novo Nodisk A/S Series B, BNP Paribas SA, Vivendi SA, Vinci SA, Schneider Electric SA, Total SA, Allianz SE, BASF SE, Daimler AG, Siemens AG, E.ON AG, BP plc, GlaxoSmithKline plc, Diageo plc, HSBC Holdings plc, Rio Tinto plc, Vodafone Group plc, Tesco plc, Anglo American plc, UniCredit SpA, Unilever NV CVA, Royal Dutch Shell plc A, Banco Santander SA, Telefonica SA, LM Ericsson TelephoneCo Series, Hennes Mauritz AB Series B, ABB Ltd., Nestle SA, Novartis AG and UBS AG.

The Asia Dow includes 30 companies from Japan, Australia, China, Hong Kong, South Korea, Taiwan, India, Indonesia, Malaysia and Singapore. It will be calculated in U.S. dollars, the release said.

The Asia Dow contains: Westpac Banking Corp. BHP Billiton Ltd., Commonwealth Bank of Australia, Woolworths Ltd., China Mobile Ltd., PetroChina Co. Ltd., China Life Insurance Co. Ltd., Industrial & Commercial Bank of China Ltd., Cheung Kong Holdings Ltd., CLP Holdings Ltd., HSBC Holdings plc, Hutchison Whampoa Ltd., Reliance Industries Ltd., Larsen & Toubro Ltd. Astra International, Mitsubishi UFJ Financial Group Inc., Mitsubishi Corp., Nippon Steel Corp., Seven & I Holdings Co. Ltd., Sony Corp., Takeda Pharmaceuticals Co. Ltd., Toyota Motor Corp., CIMB Group Holdings Bhd., Jardine Matheson Holdings Ltd., Hyundai Motor Co. Ltd., Posco, Samsung Electronics Co. Ltd., Hon Hai Precision Industry Co. Ltd., Nan Ya Plastics Corp. and Taiwan Semi Manufacturing Co. Ltd.

Dow Jones is a provider of equity, fixed-income and alternative indexes.

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