ICEX-15 is comprised of companies listed on the ICEX Main List. Between twelve and fifteen of these companies are selected for inclusion following specific rules. The index is reviewed twice annually, with changes taking effect 1 January and 1 July each year.
For the first time the selection into ICEX-15 takes is made according a new method as announced in a news announcement on 29 June 2006. A description of the method can be found on the ICEX web under Quotes and markets/Share Indices/About indices.
Selection to the ICEX-15 index is based on trading data during the period 1 December 2005 to 30 November 2006. Free-float adjustment is based on the list of ten largest shareholders at the end of this period.
|
Company |
%
of turnover of ICEX-15 companies |
Free
float adjustment |
Free
float adjusted market cap (ISK millions) |
Weighting
in the index (as of 30. Nov. 2006) |
|
Kaupthing
Bank |
22,1% |
65% |
373.714 |
34,04% |
|
Landsbanki
Islands hf. |
17,0% |
55% |
160.626 |
14,63% |
|
Glitnir
banki hf. |
20,0% |
50% |
159.766 |
14,55% |
|
Actavis
Group hf. |
6,6% |
45% |
100.690 |
9,17% |
|
Straumur-Burdaras
Fjarfestingabanki hf. |
13,4% |
45% |
80.646 |
7,35% |
|
Bakkavor
Group hf. |
3,9% |
55% |
70.771 |
6,45% |
|
FL
GROUP hf. |
8,0% |
30% |
55.297 |
5,04% |
|
Mosaic
Fashions hf. |
1,9% |
55% |
26.800 |
2,44% |
|
Ossur
hf. |
1,1% |
30% |
13.049 |
1,19% |
|
Atorka
Group hf. |
0,5% |
60% |
12.752 |
1,16% |
|
Alfesca
hf. |
0,6% |
40% |
11.940 |
1,09% |
|
Hf.
Eimskipafelag Islands |
3,3% |
20% |
11.120 |
1,01% |
|
Marel
hf. |
0,3% |
30% |
8.590 |
0,78% |
|
Atlantic
Petroleum P/F |
0,1% |
90% |
6.929 |
0,63% |
|
365
hf. |
1,3% |
45% |
5.088 |
0,46% |
|
Alls |
100,0% |
54% |
1.097.780 |
100,00% |
The above table shows the companies selected for the ICEX-15 index for the next six-month period together with their weights in the index (based on free-floated adjusted market cap as of 30 November), the % free-float adjustment (i.e. the portion remaining after the adjustment) and their share in the companies? total turnover. The same companies are selected for the index now as at the last selection.
The table below shows the weights of each sector in the ICEX-15 index based on free-float adjusted market capitalisation at the end of November and their share in the total turnover of the index companies.
|
Sector |
Number
of companies |
Free
float adj. market cap in ISK millions |
Free
float adj. cap in % |
%
turnover of ICEX-15 companies |
|
Financials |
5 |
787.505 |
71,7% |
73,02% |
|
Industrials |
4 |
80.095 |
7,3% |
12,81% |
|
Health
care |
2 |
113.740 |
10,4% |
7,68% |
|
Consumer
staples |
2 |
82.711 |
7,5% |
4,52% |
|
Consumer
discretionary |
1 |
26.800 |
2,4% |
1,88% |
|
Energy |
1 |
6.929 |
0,6% |
0,09% |
|
Alls |
15 |
1.097.780 |
100,0% |
100,00% |
