Cemig, Petrobras selected for Global Dow index

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Thursday, November 20, 2008

Brazilian power holding group Cemig (NYSE: CIG) and federal energy company Petrobras (NYSE: PBR) have been selected for inclusion in the Global Dow index.

Launched on November 11, the stock index has a portfolio of 150 companies from 25 countries, Cemig said in a statement.

Other Latin American companies that made the index were Brazilian iron ore miner Vale (NYSE: RIO) as well as Mexico's mobile operator América Móvil (NYSE: AMX) and cement producer Cemex (NYSE: CX).

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