- 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 theBrussels Stock Exchange . SinceNyrstar was promoted to the index on 4 March 2008, the BEL20 has contained a full 20 listings.Rules
The composition of the BEL20 index is reviewed annually based on closing prices at the end of the
calendar year .cite web
url=http://www.euronext.com/fic/000/010/716/107167.pdf
title=Rules for the BEL 20-Index
publisher=Euronext
date=August 2006
accessdate=2007-11-30] 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. In addition, a candidate for inclusion must possess a free float market capitalisation (inEuro s) of at least 300000 times the price of the index on the last trading day of December. The minimum requirement for an existing constituent to remain in the index is a market cap of 200000 times the index value. At each annual review, the weights of companies in the index are capped at 15%, but range freely withshare price subsequently. The BEL20 is amarket value-weighted index .Constituents
The following 20 stocks make up the BEL20 index after the
Gaz de France -Suez merger to formGDF Suez on22 July ,2008 . [cite news|url=http://www.forbes.com/afxnewslimited/feeds/afx/2008/06/30/afx5168684.html|title=NYSE Euronext says GDF Suez to replace Suez in Bel 20 from July 2|date=30 June 2008 |work=AFX News |publisher=Forbes |accessdate=2008-07-22]fnb|1 - Weightings accurate on 22 July 2008.
Former companies in the BEL20
References
External links
* [http://www.euronext.com/trader/indicescomposition/composition-4411-EN-BE0389555039.html?selectedMep=3 Official BEL20 composition and prices from Euronext]
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