Alternative Energy Stocks Added to Index
Two new stocks in AGI Extra Liquid.
New York, NY (PRWEB) December 19, 2007 -- The Ardour Global Index (TICKER: AGIGL) will add thirteen new components, effective 6:00 PM (EST) Sunday, December 23. No stocks will be deleted from the index, raising the number of index components to one hundred and eleven. The changes result from the index's quarterly rebalancing. Many of the new components qualified for the index based on share price appreciation, which allowed them to pass tests for minimum market capitalization. A complete list of constituents and weights will be posted on the Ardour web site, (www.ardourglobalindexes.com/indexes_agi.php).
The Ardour Global Index is a capitalization-weighted, float adjusted index of 111 of the most prominent alternative energy stocks in the world. Ten of the thirteen additions are listed in North America, two in Europe and one in Australia.
To be included in the AGIGL index stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover.
The AGI Extra Liquid Index (TICKER: AGIXL), which contains a fixed number of 30 stocks, had two additions against two deletions. Dongfang Electrical Machinery and American Superconductor Corporation replace Pacific Ethanol and Aventine Renewable Energy to maintain the fixed 30 component index.
Detailed information, including constituent data, rules and price information, on the AGI family of alternative energy indexes is available at www.ardourglobalindexes.com. Data is also available through most vendors of financial data.
Index - Ticker
Ardour Global Index - AGIGL
Ardour Global Index Extra Liquid - AGIXL
Index Info:
Walter Nasdeo
Ardour Capital Investments, LLC
212-375-2958
Joseph LaCorte
Ardour Global Indexes, LLC
646-467-7927
www.ardourglobalindexes.com
Press Contact: Joseph LaCorte
Company Name: Ardour Global Indexes, LLC
Phone: 646-467-7927
Website: www.ardourglobalindexes.com
posted by (hris | 11:06 PM
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