Based on the FTSEurofirst 300 Index, the 18 new sector indices are the first to be derived from the International Classification Benchmark (ICB) a recently introduced classification standard, developed jointly by FTSE Group and Dow Jones Indexes. A full list of the new sector indices can be found at the end of this release.
Commenting on the introduction of the highly liquid new indices, Mark Makepeace, Chief Executive, FTSE Group explained, “The FTSEurofirst Series is the most flexible and accurate measure of pan-European blue chip performance available to investors today. We’re confident that OTC trading based on the new indices will begin soon, as they are a cost efficient and liquid alternative to existing products.”
Jean-François Théodore, Chairman of the Managing Board and CEO of Euronext said, “The addition of sector indices to the FTSEurofirst series demonstrates our commitment to provide a full range of tradable indices covering the pan-European market.”
Constituent lists, performance and liquidity information is available from www.ftseurofirst.com
The 18-strong series of FTSEurofirst Supersector indices contains:
These indices are also available covering Eurozone only countries.
