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TRV Lyxor Stoxx Europe 600 Travel & Leisure Ucits Etf Acc

28.58
-0.56 (-1.92%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Lyxor Stoxx Europe 600 Travel & Leisure Ucits Etf Acc EU:TRV Euronext Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.56 -1.92% 28.58 27.93 31.005 28.821 28.58 28.821 150 16:40:00

GM, Citigroup To Leave DJIA; Travelers, Cisco To Join

01/06/2009 2:55pm

Dow Jones News


Lyxor Stoxx Europe 600 T... (EU:TRV)
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   DOW JONES NEWSWIRES 
 

General Motors Corp. (GM) and Citigroup Inc. (C) will be replaced in the Dow Jones Industrial Average by Cisco Systems Inc. (CSCO) and Travelers Co. (TRV), respectively.

GM filed for bankruptcy Monday as part of a government-aided restructuring effort. Bankruptcy is an automatic disqualifier for membership in the benchmark stock index.

Citigroup is being removed as "the bank is in the midst of a substantial restructuring which will see the government with a large and ongoing stake," said Dow Jones editor-in-chief Robert Thomson. "We genuinely hope that once the bank has refashioned itself that we will again be able to consider it for inclusion - Citigroup is a renowned institution, not only in this country, but around the world."

Travelers was spun off from Citigroup in 2002.

The component changes will be effective June 8.

Citi shares were recently up 1.3% premarket to $3.77 amid a broad rally in the futures market while GM was inactive.

-By Kevin Kingsbury, Dow Jones Newswires; 201-938-2136; kevin.kingsbury@dowjones.com

 
 

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