Ardour Solar Energy Index Adds Seven New Constituents - No Stocks Deleted

Ardour Solar Energy Index Adds Seven New Constituents - No Stocks Deleted

The Ardour Solar Energy Index (TICKER: SOLRX) will add seven new components, effective 6:00 PM (ET) Sunday, June 11. These additions raise the number of constituents in the index to 34.

New York (PRWEB) June 11, 2008 -- The Ardour Solar Energy Index (TICKER: SOLRX) will add seven new components, effective 6:00 PM (ET) Sunday, June 11. These additions raise the number of constituents in the index to 34. These changes result from the index’s quarterly rebalancing. Many of the new components qualified for the index based on share price appreciation or Initial Public Offerings, which allowed them to pass the minimum market capitalization selection criteria.

News Image

The Ardour Solar Energy Index is a modified capitalization-weighted, float-adjusted index of the most prominent solar energy stocks in the world. Two of the seven additions are listed in the Americas and five in Europe.

To be included in the SOLRX index stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover.

The companies to be added are: Aleo Solar AG (AS1 GR); Day 4 Energy Inc. (DFE CN); PV Crystalox Solar plc (PVCS LN); Centrotherm Photovoltaics AG (CTN GR); Roth and Rau AG (R8R GY); Akeena Solar Inc. (AKNS US); and Renesola Ltd. (SOL US).

Detailed information, including constituent data, rules and price information, on the Ardour Solar Energy Index and other members of the AGI family of alternative energy indexes is available at www.ardourglobalindexes.com. Data is also available through most vendors of financial data.

Index: Ardour Solar Energy Index (USD)
Ticker: SOLRX

Index: Ardour Solar Energy Index (EUR)
Ticker: SOLRXE

 del.icio.us  Stumbleupon  Technorati  Digg 

 

What did you think of this article?




Trackbacks
  • No trackbacks exist for this entry.
Comments
  • No comments exist for this entry.
Leave a comment

Submitted comments will be subject to moderation before being displayed.

 Enter the above security code (required)

 Name

 Email (will not be published)

 Website

Your comment is 0 characters limited to 3000 characters.