To: TobagoJack who wrote (64021 ) 6/18/2006 12:27:19 PM From: shades Respond to of 110194 Dubai Fincl Mkt To Launch Index DUBAI (Zawya Dow Jones)--Dow Jones Indexes and the Dubai Financial Market (DFM) announced Saturday the launch of the Dow Jones DFM Index, which is expected to become commercially operational by the end of this year. "The Dow Jones DFM Index is designed to serve as an underlying point of reference for investment products such as mutual funds, exchange-traded funds, and other financial products that will enable investors to participate in the performance of the Dubai stock market," the companies said in a release. The new index will include leading Dubai stocks ranked by free-float market capitalization, sales, revenue and net income. The companies said they expect the index to provide access to Dubai-quoted stocks for international investors, while also enhancing DFM-listed companies' exposure globally. Dow Jones DFM Index will eventually become part of Dow Jones broader Asian index. "Through our partnership with Dow Jones we intend to launch a series of indexes that would appeal to retail as well as institutional investors," said Essa Kazim, Director General, Dubai Financial Market. The Dow Jones DFM Index will be launched later in 2006, and will be reviewed quarterly. The full list of components, including weighting and values will be unveiled prior to implementation. In addition to this and other newswires, Dow Jones publishes The Wall Street Journal and its international and online editions, Barron's, the Far Eastern Economic Review, MarketWatch, Dow Jones Indexes and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group PLC (RTRSY) of Factiva and with Hearst Corp. of SmartMoney. It also provides news content to CNBC television operations worldwide and to radio stations in the U.S. (END) Dow Jones Newswires June 17, 2006 07:09 ET (11:09 GMT) Copyright (c) 2006 Dow Jones & Company, Inc.- - 07 09 AM EDT 06-17-06