The 10 economic groups, 39 industrial sectors and 102 industrial sub-sectors constituting the FTSE classification will be represented by 10, 27 and 31 sector indices, respectively.
The criteria to create a sector index are:
- Either a minimum of 5 companies in the index,
- Or a market capitalisation of the companies making up the index of more than 1% of the total capitalisation of companies listed on Euronext Paris.
The Conseil Scientifique des Indices, which meets at least four times a year, will manage these indices. Every year, in the first quarter, the composition of the 10 ecomonic groups will be reviewed to ensure it remains economically representative.
Comprehensive information on the indices will appear on the Euronext Paris website (www.euronext.fr) starting 8 April 2002 under Markets / Key indicators / Sectorial indices.
Since 1 January 2002, all stocks listed on Euronext Paris - on the Premier Marché, Second Marché, Nouveau Marché, as well as the unregulated Marché Libre - have been classified under the FTSE classification.
This sector classification, already adopted by Euronext Amsterdam, Brussels and Lisbon for the calculation of their sector indices, has replaced the former classification used in Paris. Since 1 January 2002, investors have been able to choose from over 1,500 companies listed on Euronext through a single analysis framework.
Comprehensive and precise, the FTSE Global Classification System enables comparison of companies within sectors and sub-sectors, as well as across national borders. Each company is assigned to the sub-sector that most accurately reflects its profile, based on revenue analysis of each of its business units.
