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Three New Stocks Added; Six Stocks Deleted from Ardour Global Alternative Energy Index in Quarterly Rebalancing; One New Stock in Ardour Global Index (Extra Liquid)

PRWeb
posted: 443 DAYS 1 HOUR AGO

The www.ardourglobalindexes.com [Ardour Global Alternative Energy Index℠] (TICKER: AGIGL) will add three new components, effective 6:00 PM (EST) Sunday, September 21, 2008. Six stocks will be deleted from the index, changing the number of index components to 125. The changes result from the index’s quarterly rebalancing.

New York (Vocus) September 11, 2008 -- The Ardour Global Alternative Energy Index (TICKER: AGIGL) will add three new components, effective 6:00 PM (EST) Sunday, September 21, 2008. Six stocks will be deleted, changing the number of index components to 125. The changes result from the index’s quarterly rebalancing.

Additions to AGIGL are: Hydrogenics Corp. (TICKER: HYG CN); Intellon (TICKER: ITLN US); GT Solar International Inc (TICKER: SOLR US)

Deletions from www.ardourglobalindexes.com [AGIGL] are: Active Power Inc. (TICKER: ACPW US); ITM Power PLC (TICKER: ITM LN); Nova Biosource Fuels Inc. (TICKER: NBF US); Powercom Co Ltd. (TICKER: 3043 TT); Steico AG (TICKER: ST5 GR); Methanex Corp. (TICKER: MX CN).

A complete list of constituents and weights will be posted on the AGI family of alternative energy indexes web site, (http://ardour.snetglobalindexes.com/about_the_indexes.php).

The Ardour Global Alternative Energy Index is a capitalization-weighted, float-adjusted index of the most prominent alternative energy stocks in the world. To be included in the AGIGL index, companies must be pure-play and the stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover.

The www.ardourglobalindexes.com [Ardour Global Index (Extra Liquid)] (TICKER: AGIXL), which contains a fixed number of 30 stocks, had one addition against one deletion. Cosan Limited (TICKER: CZZ US) replaces Methanex Corp (TICKER: MX CN).

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: Ardour Global Alternative Energy Index       
Ticker: AGIGL

Index: Ardour Global Index (Extra Liquid)          
Ticker: AGIXL

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Read the full story at http://www.prweb.com/releases/2008/09/prweb1317424.htm

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