BEL20
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The BEL20 is the benchmark stock market index of Euronext Brussels. In general, the index consists of a minimum of 10 and a maximum of 20 companies traded at the Brussels Stock Exchange. Since Nyrstar was promoted to the index on 4 March 2008, the BEL20 has contained a full 20 listings.
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[edit] Rules
The composition of the BEL20 index is reviewed annually based on closing prices at the end of the calendar year.[1] These changes are effected on the first trading day of every March. In addition to meeting a set of criteria demanding a company be "representative of the Belgian equity market", at least 15% of its shares must be considered free float in order to qualify for the index.[1] In addition, a candidate for inclusion must possess a free float market capitalisation (in Euros) of at least 300000 times the price of the index on the last trading day of December.[1] The minimum requirement for an existing constituent to remain in the index is a market cap of 200000 times the index value.[1] At each annual review, the weights of companies in the index are capped at 15%,[1] but range freely with share price subsequently. The BEL20 is a market value-weighted index.
[edit] Constituents
Since the annual review effective on 4 March 2008 it has contained the following companies: [2]
Company | ICB Sector | Ticker symbol | Index weighting (%)1 |
---|---|---|---|
Ackermans & van Haaren | diversified industrials | ACKB | 1.48 |
Agfa-Gevaert | electronic equipment | AGFB | 0.73 |
Bekaert | diversified industrials | BEKB | 1.05 |
Belgacom | fixed line telecommunications | BELG | 4.36 |
Cofinimmo | real estate investment trusts | COFB | 1.07 |
Colruyt | food retailers and wholesalers | COLR | 2.30 |
Delhaize Group | food retailers and wholesalers | DELB | 4.65 |
Dexia | banks | DEXB | 9.20 |
Fortis | banks | FORB | 13.67 |
GBL | specialty finance | GBLB | 5.90 |
InBev | brewers | INB | 12.11 |
KBC Group | banks | KBC | 12.22 |
Mobistar | mobile telecommunications | MOBB | 1.65 |
NPM/CNP | specialty finance | NAT | 1.67 |
Nyrstar | nonferrous metals | NYR | 1.38 |
Omega Pharma | pharmaceuticals | OME | 0.54 |
Solvay | specialty chemicals | SOLB | 4.52 |
Suez | multiutilities | SZEB | 14.72 |
UCB | pharmaceuticals | UCB | 2.87 |
Umicore | specialty chemicals | UMI | 3.91 |
Note 1: - Weightings accurate on 4 March 2008.
[edit] Former companies in the BEL20
Please help improve this list by expanding it. Further information might be found on the talk page or at requests for expansion. (December 2007) |
Company | ICB Sector | Ticker symbol | Removal Date |
---|---|---|---|
Almanij | banks | ALMB | 2005-03-03[3] |
Barco | electronic equipment | BAR | 2007-03-01[4] |
D'Ieteren | specialty retailers | DIE | 2006-03-01[5] |
Electrabel | electricity | ELE | 2005-11-15[6] |
[edit] References
- ^ a b c d e Rules for the BEL 20-Index. Euronext (August 2006). Retrieved on 2007-11-30.
- ^ Annual review of the BEL20 Index. Euronext (14 January 2008). Retrieved on 2008-03-04.
- ^ BEL20: KBC-Almanij Merger. Euronext. Retrieved on 2007-11-30.
- ^ Annual review of the BEL20 Index. Euronext (15 January 2007). Retrieved on 2007-11-30.
- ^ (Dutch) D'Ieteren moet plaats ruimen voor NPM. De Standaard (2006-01-16). Retrieved on 2006-05-22.
- ^ Suez replaces Electrabel in the BEL20 Index. Euronext. Retrieved on 2007-12-04.
[edit] External links
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