The Dow Jones Global Titans 50 Index, which measures the world’s 50 largest companies, posted a May loss of 7.76 per cent. Regionally, the Dow Jones Islamic Market Asia/Pacific Titans 25 Index, which measures the performance of 25 of the leading Shari’ah-compliant stocks in the Asia/Pacific region, decreased 10.92 per cent in May; the Dow Jones Asian Titans 50 Index dropped 10.95 per cent. (source)
In Europe, the Dow Jones Islamic Market Europe Titans 25 Index, which
measures the performance of the 25 the leading Shari’ah-compliant
stocks in Europe, dropped 12.43 per cent in May; the Dow Jones Europe
Titans 80 Index, which measures the performance of 80 blue-chip stocks
traded in the developed markets of Europe, declined 12.90 per cent.
In the US, the Dow Jones Islamic Market US Titans 50 Index, which measures 50 of the largest Shari’ah-compliant US stocks, decreased 6.08 per cent in May; the U.S. blue-chip Dow Jones Industrial Average decreased by 6.21 per cent.
Middle East and GCC
The Dow Jones DFM Titans 10 Index, measuring the 10 largest and most liquid stocks listed on the Dubai Financial Market dropped 8.87 per cent in May. The Dow Jones Islamic Market Kuwait Index closed May down 5.60 per cent. The Dow Jones Islamic Market Turkey Index closed May down 13.40 per cent, while the Dow Jones Turkey Total Stock Market Index loss 13.66 per cent.
The Dow Jones Islamic Market GCC Index, which measures the performance of Shari’ah-compliant stocks for five of the Gulf Cooperation Council (GCC) member states, lose 3.67 per cent in May; the conventional Dow Jones GCC Index finished down 3.90 per cent.
Other Markets and Asset Classes
In May, the Dow Jones Islamic Market BRIC Equal Weighted Index decreased 15.46 per cent while, the Dow Jones BRIC 50 Index dropped 14.74 per cent.
The Dow Jones Sukuk Index, which measures the performance of global bonds complying with Islamic investment guidelines, dropped 0.14 per cent in May.
The Dow Jones Islamic Market Sustainability Index, which measures sustainable practice business of companies compliant with Shari’ah laws, dropped 10.79 per cent in May while the conventional Dow Jones Sustainability Index loss 11.09 per cent.
Industries Winners and Losers
All DJIM Industry Indexes closed down for the month of May. The three best-performing Dow Jones Islamic Market Industry Indexes were Financials, Consumer Services and Health Care, down 4.27 per cent, 5.03 per cent and 5.36 per cent, respectively. The Dow Jones Islamic Market Telecommunications, Dow Jones Islamic Market Oil & Gas and Dow Jones Islamic Market Basic Materials indexes were the three bottom-performing industry indexes, down 9.43 per cent, 13.15 per cent and 13.55 per cent, respectively.
Source: http://www.cpifinancial.net/news/post/14302/dow-jones-islamic-markets-titans-100-down-8-04-per-cent-in-may - June 5, 2012
In the US, the Dow Jones Islamic Market US Titans 50 Index, which measures 50 of the largest Shari’ah-compliant US stocks, decreased 6.08 per cent in May; the U.S. blue-chip Dow Jones Industrial Average decreased by 6.21 per cent.
Middle East and GCC
The Dow Jones DFM Titans 10 Index, measuring the 10 largest and most liquid stocks listed on the Dubai Financial Market dropped 8.87 per cent in May. The Dow Jones Islamic Market Kuwait Index closed May down 5.60 per cent. The Dow Jones Islamic Market Turkey Index closed May down 13.40 per cent, while the Dow Jones Turkey Total Stock Market Index loss 13.66 per cent.
The Dow Jones Islamic Market GCC Index, which measures the performance of Shari’ah-compliant stocks for five of the Gulf Cooperation Council (GCC) member states, lose 3.67 per cent in May; the conventional Dow Jones GCC Index finished down 3.90 per cent.
Other Markets and Asset Classes
In May, the Dow Jones Islamic Market BRIC Equal Weighted Index decreased 15.46 per cent while, the Dow Jones BRIC 50 Index dropped 14.74 per cent.
The Dow Jones Sukuk Index, which measures the performance of global bonds complying with Islamic investment guidelines, dropped 0.14 per cent in May.
The Dow Jones Islamic Market Sustainability Index, which measures sustainable practice business of companies compliant with Shari’ah laws, dropped 10.79 per cent in May while the conventional Dow Jones Sustainability Index loss 11.09 per cent.
Industries Winners and Losers
All DJIM Industry Indexes closed down for the month of May. The three best-performing Dow Jones Islamic Market Industry Indexes were Financials, Consumer Services and Health Care, down 4.27 per cent, 5.03 per cent and 5.36 per cent, respectively. The Dow Jones Islamic Market Telecommunications, Dow Jones Islamic Market Oil & Gas and Dow Jones Islamic Market Basic Materials indexes were the three bottom-performing industry indexes, down 9.43 per cent, 13.15 per cent and 13.55 per cent, respectively.
Source: http://www.cpifinancial.net/news/post/14302/dow-jones-islamic-markets-titans-100-down-8-04-per-cent-in-may - June 5, 2012
