Serbian stocks in new indexes - Dow Jones Indexes and FEAS
"Dow Jones Indexes", a leading global index provider, and the Federation of Euro-Asian Stock Exchanges (FEAS) will launch new indexes Dow Jones FEAS on June 5th.
- These will be the first indexes created to measure the performance of companies across the Euro-Asian region - it is stated in the announcement of "Dow Jones Indexes".
Three indexes that will be launched on Friday are a composite and two regional sub-indexes. Composite Dow Jones FEAS index will include the stocks from ten stock exchanges out of 32 members of the Federation of Euro-Asian Stock Exchanges.
There will be stocks from the Belgrade, Macedonian, Zagreb, Bulgarian Stock Exchange, from the market in Amman, Istanbul, Karachi, Muscat, Bahrain and Abu Dhabi.
The Dow Jones FEAS Middle East/Caucasus Index currently includes stocks from the following four FEAS member exchanges: Abu Dhabi, Amman, Bahrain, and Muscat.
The Dow Jones FEAS Southeast Europe Index measures the performance of companies in the following five FEAS member exchanges: Bulgaria, Zagreb, Macedonia, Belgrade and Istanbul.
- FEAS promotes development of stock exchanges in Euro-Asian region and stimulates transparency in the FEAS members in order to improve trading in these markets - the President of Dow Jones Index, Michael A. Petronella, pointed out.
New indexes cover one third of the companies whose stocks are traded in the stock exchanges within FEAS.