BEL 20
Foundation | 30 December 1990 |
---|---|
Operator | Euronext |
Exchanges | Euronext Brussels |
Constituents | 20 |
Type | Large cap |
Market cap | €214.18 billion (end 2010)[1] |
Weighting method | Capitalization-weighted |
Website | https://indices.nyx.com |
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 on the last Friday in February.[2] These changes are effective after the third Friday of 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 capitalization-weighted index.
Constituents
The following 20 stocks make up the BEL20 as of March 2016.
Company | ICB Sector | Ticker symbol | Index weighting (%)[1] |
---|---|---|---|
Ackermans V.Haaren | Financial Services | ACKB | 2.18 |
Ageas | Insurance | AGS | 5.15 |
AB InBev | Food and Beverage | ABI | 13.01 |
Bekaert | Industrial Goods and Services | BEKB | 1.16 |
Cofinimmo | Real Estate | COFB | 1.77 |
Colruyt | Retail | COLR | 2.62 |
Ahold Del | Retail | AD | 7.89 |
Elia | Utilities | ELI | 0.98 |
Galapagos | Health Care | GLPG | 1.66 |
GBL | Financial Services | GBLB | 5.01 |
Engie | Utilities | ENGI | 11.67 |
ING Group N.V. | Banks | INGA | 11.19 |
KBC | Banks | KBC | 10.24 |
Ontex Group | Personal and Household Goods | ONTEX | 1.42 |
Proximus | Telecommunications | PROX | 3.18 |
Solvay | Chemicals | SOLB | 6.01 |
Telenet Group | Media | TNET | 1.93 |
Bpost | Industrial Goods and Services | BPOST | 1.90 |
UCB | Health Care | UCB | 6.85 |
Umicore | Chemicals | UMI | 4.19 |
- ^1 - Weightings accurate on 30 September 2016.
Former companies in the BEL20
This section needs expansion with: list. You can help by adding to it. (December 2007) |
Company | ICB Sector | Ticker symbol | Removal Date |
---|---|---|---|
Almanij | banks | ALMB | 3 March 2005[3] |
Electrabel | electricity | ELE | 15 November 2005[4] |
Barco | electronic equipment | BAR | 1 March 2007[5] |
Agfa-Gevaert | electronic equipment | AGFB | 2 March 2009[6] |
NPM/CNP | specialty finance | NAT | 2 May 2011[7] |
Omega Pharma | pharmaceuticals | OME | 29 December 2011[8] |
Dexia | banks | DEXB | 19 March 2012[9] |
Befimmo-Sicafi | industrial and office REITs | BEFB | 18 March 2016[10] |
Delta Lloyd | insurances | DL | 18 March 2016[10] |
D'Ieteren | consumer services | DIE | 18 March 2016[10] |
References
- ^ "BEL-20 Executive Presentation 2010" (PDF). Euronext. Archived from the original (PDF) on 9 November 2011. Retrieved 2010-12-31.
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suggested) (help) - ^ a b c d e "Rules for the BEL 20-Index" (PDF). Euronext. 1 October 2015. Retrieved 1 October 2015.
- ^ "BEL20: KBC-Almanij Merger" (PDF). Euronext. Archived from the original (PDF) on 20 March 2009. Retrieved 30 November 2007.
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suggested) (help) - ^ "Suez replaces Electrabel in the BEL20 Index" (PDF). Euronext. Archived from the original (PDF) on 20 March 2009. Retrieved 4 December 2007.
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suggested) (help) - ^ "Annual review of the BEL20 Index" (PDF). Euronext. 15 January 2007. Archived from the original (PDF) on 20 March 2009. Retrieved 30 November 2007.
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suggested) (help) - ^ "Annual review of BEL20 index" (PDF). Euronext. 31 May 2011. Archived from the original (PDF) on 9 November 2011. Retrieved 22 June 2011.
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suggested) (help) - ^ "Index Announcement" (PDF). NYSE Euronext. 29 April 2011. Retrieved 8 May 2011.
- ^ "Omega Pharma verdwijnt uit Bel20 na geslaagd bod Marc Coucke". Trends (in Dutch). 27 December 2011. Retrieved 12 January 2013.
- ^ "Dexia valt uit Bel20". De Standaard (in Dutch). 2 January 2012. Retrieved 12 January 2013.
- ^ a b c "Galapagos, ING en Ontex komen in de Bel-20-index" [Galapagos, ING and Ontex enter the Bel-20-index]. de tijd (in Dutch). 4 March 2016. Retrieved 4 March 2016.