The Dow Jones GCC Titans 40 IndexSM measures leading stocks traded in the Gulf Cooperation Council (GCC) member countries of Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates. The index is designed to limit inclusion of companies that are not accessible to foreign investors.
The index universe consists of all stocks traded in the eligible GCC member countries, as well as companies trading outside the region that generate the majority of their revenues on the Arabian Peninsula. Only stocks with an average daily trading volume of at least $1 million USD are eligible for consideration. Stocks are selected by float-adjusted market capitalization, selecting at least three companies and no more than 15 companies from each eligible country. The index is modified-market cap weighted, adjusting for free float and to meet diversification requirements.