BEL20
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 20 June 2011, the BEL20 has contained 20 listings.
Rules
The composition of the BEL20 index is reviewed annually based on closing prices at the end of the calendar year.[2] 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.[2] 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.[2] The minimum requirement for an existing constituent to remain in the index is a market cap of 200000 times the index value.[2] At each annual review, the weights of companies in the index are capped at 15%,[2] but range freely with share price subsequently. The BEL20 is a market value-weighted index.
Constituents
The following 20 stocks make up the BEL20 index after the interim review effective on 20 June 2011.[3] The September 2011 review saw no changes to the index.
- ^1 - Weightings accurate on 22 June 2011.
Former companies in the BEL20
References
External links