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Dow Jones Unveils Shipping Index

Global index provider Dow Jones Indexes has launched the Dow Jones Global Shipping Index.

Global index provider Dow Jones Indexes has launched the Dow Jones Global Shipping Index. The new index will evaluate the performance of 25 dividend-paying companies in the shipping sector, which focus solely on transporting goods and materials.

A company must have a minimum market capitalization of $150 million and a three-month average daily trading volume of $2 million. The index has already been certified to Guggenheim Funds for the Guggenheim Shipping ETF.

Click here for the release from Dow Jones Indexes.

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