Venezuela will be removed from the Dow Jones Wilshire Global Total Market indexes on June 18, confirmed Naomi Kim, Dow Jones spokeswoman. The change is primarily because of the planned nationalization of several foreign-owned companies based in Venezuela, according to a joint news release. As a result, the countrys risk fell below the indexs eligibility standards.
Six Venezuelan companies will be removed from the Dow Jones Wilshire Global Total Market index, Dow Jones Wilshire Americas index, Dow Jones Wilshire Global ex-US index, Dow Jones Wilshire Emerging Markets index and Dow Jones Wilshire Latin America index.