SWX Swiss Exchange Introduces New Classification Standard For Industries And Sectors

SWX indices will be adopting Industry Classification Benchmark (ICB) sector definitions with effect from 3 January 2006. ICB is jointly owned by Dow Jones & Co. and the FTSE Group. The international renown enjoyed by FTSE and Dow Jones indices means that ICB is recognised as the global standard. The ICB structure is already used by the NASDAQ, NYSE, London Stock Exchange, Euronext, STOXX, Hang Seng, Russell, Dow Jones Wilshire, the Financial Times, The Wall Street Journal, CNBC and SmartMoney.

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