THE Bank of New York ADR Index Mid-Year 2002 Report.Business Editors The Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. announced today The Bank of New York ADR Index ADR Index A market-capitalization-weighted index that tracks all depositary receipts traded on the New York Stock Exchange, the American Stock Exchange, and Nasdaq. (SM) results for the first half of 2002. The Bank of New York ADR Index, launched in March 1998, is the only index to track all depositary receipts depositary receipt A negotiable certificate that represents a company's publicly traded debt or equity. Depositary receipts are created when a company's shares or bonds are delivered to a depositary's custodian bank, which instructs the depositary to issue and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of shares traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. and NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on . The Bank of New York ADR Index is calculated on a continuous basis throughout the trading day In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. and is capitalization-weighted and adjusted for free-float, using Dow Jones' current methodology. "The Bank of New York ADR Index continues to serve as an accurate measure of investment sentiment around the world," said Timothy Keaney, managing director in charge of the American depositary receipt American Depositary Receipt (ADR) Certificates issued by a US depository bank, representing foreign shares held by the bank, usually by a branch or correspondent in the country of issue. division for The Bank of New York. The Bank of New York Asia ADR Index was the top performing regional index with a return of 1.62%. Korea, Japan, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. and Australia all rose with gains of 16.38%, 4.90%, 4.76%, and 1.76% respectively. The Bank of New York Europe ADR Index declined 9.87% although Italy, Norway and Switzerland were up 8.0% and 5.5% respectively. Developed markets overall were down less than the emerging markets as the top performing country, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. up 57.31%, could not offset the fall of The Bank of New York Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. ADR Index of 16.91%. The Bank of New York Developed Markets ADR Index fell 7.55% versus The Bank of New York Emerging Markets ADR Index drop of 9.40%. The Bank of New York ADR Index slipped 7.65% for the first half of the year along with similar declines for the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. of 7.77% and for the S&P 500 Index of 13.78%. Below are the results of The Bank of New York ADR ADR - Astra Digital Radio Indices: Regional Indices: Top 10 Performing Countries
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NAME REGION 6/30/2002 6 MTH %CHG
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BNY South Africa ADR Index Emerging 185.920 57.31%
BNY Korea ADR Index Asia/Emerging 158.980 16.38%
BNY Italy ADR Index Europe 109.020 8.00%
BNY Norway ADR Index Europe 82.510 7.66%
BNY Switzerland ADR Index Europe 121.370 5.56%
BNY Japan ADR Index Asia 77.540 4.90%
BNY New Zealand ADR Index Asia 55.440 4.76%
BNY Australia ADR Index Asia 106.380 1.76%
BNY Netherlands ADR Index Europe 100.830 -0.37%
BNY Israel ADR Index Emerging 120.000 -2.22%
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Data provided by Dow Jones & Company, Inc.
Top 10 Performing Companies by Region
Europe
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SYMBOL NAME COUNTRY 6/30/2002 6 MTH %CHG
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CEP Centerpulse Ltd Switzerland 16.55 268.60%
LMIN lastminute.com plc United Kingdom 7.20 218.58%
EBKR ebookers plc United Kingdom 7.90 203.85%
DTAGY Digitale Telekabel AG Germany 6.15 156.25%
BWG Bouygues Offshores France 29.65 64.27%
SWMAY Swedish Match AB Sweden 81.26 53.18%
ITY Imperial Tobacco Group PLC United Kingdom 32.49 43.13%
JS Jefferson Smurfit Group PLC Ireland 31.50 40.00%
GLH Gallaher Group PLC United Kingdom 37.35 38.59%
ELUX Electrolux AB Sweden 40.10 36.77%
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Data provided by Dow Jones & Company, Inc.
Asia
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SYMBOL NAME COUNTRY 6/30/2002 6 MTH %CHG
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BYH Sinopec Beijing Yanhua China 6.95 69.93%
Petrochemical Co
SHI Sinopec Shanghai China 15.20 68.33%
Petrochemical Co Ltd
TLK Telekomunikasi Indonesia Indonesia 8.80 51.72%
SPPTY Southern Pacific Petroleum Australia 15.50 49.04%
IBN Icici Bank Ltd India 7.00 47.37%
ZNH China Southern Airlines China 20.20 41.26%
Co Ltd
IIT Indosat Indonesia 12.49 41.13%
ANSL Ansell Ltd Australia 14.00 40.70%
CEO CNOOC Ltd China 26.81 38.91%
NJ Nidec Corp Japan 72.75 38.31%
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Data provided by Dow Jones & Company, Inc.
Latin America
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SYMBOL NAME COUNTRY 6/30/2002 6 MTH %CHG
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GEM Pepsi Gemex Sa de CV Mexico 9.90 48.20%
SAB GRUPO CASA SABA SA DE CV Mexico 9.30 43.08%
EKT Grupo Elektra SA de CV Mexico 8.65 33.08%
IMY Grupo Imsa SA Mexico 12.40 31.63%
IBA Industrias Bachoco Mexico 9.58 30.34%
BVN Compania De Minas Buenaventura Peru 25.60 23.49%
ITU Banco Itau Brazil 28.00 23.35%
KOF Coca Cola FEMSA SA de CV Mexico 24.00 19.58%
ICM Internacional De Ceramica SA De Cv Mexico 8.45 18.18%
VNT Compania Anonima Nacional Telefonos Venezuela 14.23 17.22%
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Data provided by Dow Jones & Company, Inc.
Emerging Markets
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SYMBOL NAME COUNTRY 6/30/2002 6 MTH %CHG
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GFI Gold Fields Ltd South Africa 11.22 131.82%
HGMCY Harmony Gold Mining South Africa 13.53 107.83%
Company Ltd
RANGY Randgold & Exploration South Africa 5.56 92.39%
Co Ltd
BYH Sinopec Beijing Yanhua China 6.95 69.93%
Petrochemical Co
SHI Sinopec Shanghai China 15.20 68.33%
Petrochemical Co Ltd
TLK Telekomunikasi Indonesia Indonesia 8.80 51.72%
GEM Pepsi Gemex Sa de CV Mexico 9.90 48.20%
IBN Icici Bank Ltd India 7.00 47.37%
AU Anglogold Ltd South Africa 26.08 44.41%
SAB GRUPO CASA SABA SA DE CV Mexico 9.30 43.08%
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Data provided by Dow Jones & Company, Inc.
The Bank of New York's ADR Index comprises 41 country indices with 500 companies spread out over a total of 59 sub-indices. In addition to the country indices, there are three regional indices (Europe, Asia and Latin America), four market indices (Developed, Emerging, Euroland Euroland or Eurozone Noun the geographical area containing the countries that have joined the European single currency Euroland n → Eurolandia and Telebras), three sector indices (European Telecom, Latin Telecom and European Oil and Gas), and seven select indices (International 100, Europe 100, Developed Markets 100, Asia 50, Emerging Markets 50, Latin America 35 and International Telecom 35). The Bank's indices are available real time through Bloomberg, Reuters, and Bridge terminals, providing investors with the most current depth and breadth of the ADR market. In addition, Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance , Reuters and AFX AFX atypical fibroxanthoma. newswires, and the Financial Times each publish daily ADR reports or tables incorporating information from various Bank of New York ADR Indices. Also, every Monday, the Financial Times features "ADR Watch," a segment on trends and new developments in the ADR market. The acceptance of The Bank of New York ADR Index as the premier ADR benchmark for institutions and individuals alike is evidenced by the $30 billion plus currently benchmarked against it. In March 2002, real-time intra-day values for The Bank of New York ADR Indices were made available on adrbny.com. All performance tables and charts pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to the indices will now enable our web users to obtain a more current and accurate view of exchange-listed depositary receipt market movements in all of the ADR indices. In addition to the Composite Index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". constituent list, users may also access comprehensive lists of all members comprising a given sub-index. Hypertext links offer quick access to a constituent's DR Profile. The Bank of New York is the world's largest depositary DEPOSITARY, contracts. He with whom a deposit is confided or made. 2. It is, the essence of the contract of deposits that it should be gratuitous on the part 'of the depositary. 9 M. R. 470. for American and global depositary receipts, allowing non-U.S. companies to offer dollar-denominated securities to investors worldwide. The Bank currently issues depositary receipts for more than 1,400 programs representing 70 countries and accounts for 66% of all public sponsored depositary receipt programs. The Bank of New York, founded in 1784 by Alexander Hamilton, is the nation's oldest bank and is the principal subsidiary of The Bank of New York Company, Inc. (NYSE NYSE See: New York Stock Exchange :BK), a financial holding company. With over $76 billion in total assets as of March 31, 2002, the Company provides a complete range of banking and other financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. to corporations and individuals worldwide through its basic businesses, namely, Securities Servicing and Global Payment Services, Corporate Banking, BNY BNY Bank of New York Asset Management and Private Client Services, Retail Banking, and Global Market Services. Additional information on the Company is available at www.bankofny.com. |
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