Serbian companies in Dow Jones Balkan index

Five Serbian companies have been listed in the Dow Jones STOXX Balkan 50 Equal Weighted.

Izvor: B92

Tuesday, 06.11.2007.

16:21

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Five Serbian companies have been listed in the Dow Jones STOXX Balkan 50 Equal Weighted. They include Energoprojekt Holding construction company, and four banks: Komercijalna, AIK, Metals and Agrobanka. Serbian companies in Dow Jones Balkan index One of Europe's leaders in indexing of the capital market, the Swiss Stoxx, has as of Monday introduced a new blue chip share index to its offer, made up of 50 largest and most liquid securities from the Balkans area. The index has listed most of the Balkan capital market shares, while Greece and Turkey have the most, ten each. Beside Serbia, Slovenia, Croatia, Bulgaria, Romania and Macedonia also have five each. The criteria for the inclusion is for the company to have a relatively high free float, with each share in the index participating with about two percent of the value. The index's historic value was calculated on December 31, 2006, while this year's growth amounts to 38.7 percent. The free float usually relates to stock from investors who own less than five percent in a company.

Serbian companies in Dow Jones Balkan index

One of Europe's leaders in indexing of the capital market, the Swiss Stoxx, has as of Monday introduced a new blue chip share index to its offer, made up of 50 largest and most liquid securities from the Balkans area.

The index has listed most of the Balkan capital market shares, while Greece and Turkey have the most, ten each. Beside Serbia, Slovenia, Croatia, Bulgaria, Romania and Macedonia also have five each.

The criteria for the inclusion is for the company to have a relatively high free float, with each share in the index participating with about two percent of the value.

The index's historic value was calculated on December 31, 2006, while this year's growth amounts to 38.7 percent.

The free float usually relates to stock from investors who own less than five percent in a company.

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