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Dow Jones FEAS Indexes include KSE


KARACHI: A leading global index provider, Dow Jones Indexes and the Federation of Euro-Asian Stock Exchanges (FEAS) have plans to launch the Dow Jones FEAS Indexes, which included Karachi Stock Exchange (KSE).
According to KSE here Wednesday, this is the first time that indexes are created to measure the performance of companies across the Euro-Asian region.
The three indexes that are being launched on June 5, are a composite, and two regional sub-indexes. The Dow Jones FEAS Indexes are designed to underlie index-linked investment products such as funds and structured products. Dow Jones FEAS Composite Index currently includes component stocks of 10 of the 32 member states of the Federation of Euro-Asian Stock Exchanges.
The exchanges included are Abu Dhabi (UAE), Amman (Jordan), Bahrain (Kingdom of Bahrain), Belgrade (Serbia), Bulgaria (Bulgaria), Istanbul (Turkey), Karachi (Pakistan), Macedonia (Republic of Macedonia), Muscat (Oman), and Zagreb (Croatia).
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