Investing June 7, 2002

Dow Jones Reshuffles Titans

June 7, 2002 (PLANSPONSOR.com) - Dow Jones Indexes has shuffled the constituents of its Titans indexes as part of its regular annual review.
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The review resulted in changes to the Dow Jones Global Titans 50, Dow Jones Sector Titans 30 and Dow Jones Asian Titans 50 indexes.

Global Constituents

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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.

Asian Titans

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.

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