Nokia, 3 Banks To Exit Stoxx Europe 50 Index
31 August 2011 - 11:42PM
Dow Jones News
Struggling mobile-phone maker Nokia (NOK) and three European
banks -- Societe Generale (FR:GLE), Intesa Sanpaolo (IT:ISP) and
Unicredit (IT:UCG) -- will be deleted from the Stoxx Europe 50
index, effective on the Sept. 19 open, Stoxx said Wednesday.
Unilever (UL), LVMH Moet Hennessy (FR:MC), National Grid (NGG) and
Air Liquide (FR:AI) will replace them. Stoxx also changed the Euro
Stoxx 50 index -- which only includes companies that trade in
euro-area nations -- by adding Volkswagen (DE:VOW3) preference
shares and the clothing giant Inditex (ES:ITX) and subtracting
conglomerate Alstom (FR:ALO) and French bank Credit Agricole
(FR:ACA).
-Steve Goldstein; 415-439-6400; AskNewswires@dowjones.com
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