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Dow Jones Indexes Recalculates The Dow Jones Canada Titans 40 Index; New Values Available At The Start Of Trading On October 30th.


Business Editors

NEW YORK--(BUSINESS WIRE)--October 29, 2001

Dow Jones Indexes today announced it is restating the closing values of the Dow Jones Canada Titans 40 index for the period of October 2nd through October 26, 2001. The change will be effective on Tuesday, October 30.

The restatement of the index became necessary as result of altered pricing information from the Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 on October 2nd, the day that Canadian Pacific Ltd. split itself into five separate companies. In the restatement, Dow Jones Indexes is using prices consistent with those available to market participants.

The closing price for Pancanadian Energy Corp., which replaced Canadian Pacific Ltd. in the Dow Jones Canada 40 Titans index, is changed to 37.80 Canadian dollars for the restatement from 35.80 Canadian dollars used originally. Similarly, the closing price for Canadian Pacific Ltd. is changed to 47.85 Canadian dollars instead of 50.17 Canadian dollars.

This change will affect returns of both the index and investment products based upon it. Revised index data is available on the Dow Jones Indexes web site at www.djindexes.com.

"We regret the necessity of this restatement," said John Prestbo, editor of Dow Jones Indexes. "Ultimately, we are dependent upon accurate pricing information from the exchanges that trade the stocks included in our indexes. When those prices are changed ex post facto ex post facto adj. Latin for "after the fact," which refers to laws adopted after an act is committed making it illegal although it was legal when done, or increases the penalty for a crime after it is committed. Such laws are specifically prohibited by the U. S. , we have no option other than to restate and accurately reflect market action. While returns of the Dow Jones Canada Titans 40 will be affected by the statement, users of the index can be assured that the index continues to offer a clear portrayal of the blue-chip segment of Canada's stock market."

Dow Jones Indexes is a premier global provider of investable indexes, including the Dow Jones Averages Dow Jones Averages

A trademark used for three indexes of the relative price of selected industrial, transportation, and utility stocks based on a formula developed and periodically revised by Dow Jones & Company, Inc.
, the Dow Jones Global Titans The Dow Jones Global Titans 50 Index was created to reflect the globalization of international blue chip securities in the wake of mergers and the creation of mega-corporations.  50, the Dow Jones Asian Titans 50, the Dow Jones Sector Titans, the Dow Jones Global Indexes The Dow Jones Global Indexes (DJGI) are a family of real time international equity indexes, including world, region, and country indexes and economic sector, market sector, industry-group, and subgroup indexes. , the Pan-European Dow Jones STOXX Indexes, the Dow Jones U.K. Titans 50, the Dow Jones Titans Canada 40, the Dow Jones Japan 100, the Dow Jones Total Market Index Series, the Dow Jones REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
 Indexes, the Dow Jones-AIG Commodity Index The Dow Jones-AIG Commodity Index [DJ-AIGCI] is a broadly diversified index that allows investors to track commodity futures through a single, simple measure.

The DJ-AIGCI is composed of futures contracts on physical commodities.
, the Dow Jones Islamic Market Indexes, the Dow Jones Internet Indexes and the Dow Jones Sustainability Group Indexes. Dow Jones Indexes is part of Dow Jones & Company, which publishes the world's most vital business and financial news and information.

In addition to Dow Jones Indexes, Dow Jones & Company (NYSE NYSE

See: New York Stock Exchange
:DJ; dj.com) publishes The Wall Street Journal and its international and online editions, Barron's and SmartMoney magazines and other periodicals, Dow Jones Newswires and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group PLC of Factiva and with NBC of the CNBC television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 29, 2001
Words:475
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