South Africa sees launch of Dow Jones blue-chip index

Dow Jones Indexes will introduce its first African country to its blue-chip index family with the launch of the Dow Jones South Africa Titans 30 on 16 September. The index will be based on blue-chip companies with headquarters in South Africa. 'The index was developed due to the growing importance of the South African market,' said Lars Hamich, executive director of global business development at Dow Jones Indexes. The 30 stocks selected for Dow Jones South Africa Titans 30 are the largest and most liquid securities in their market. With a market capitalisation of $60.8bn, the index ...