BEL 20
BEL 20 performance between 1990 and 2012 | |
Foundation | 30 December 1990 |
---|---|
Operator | Euronext |
Exchanges | Euronext Brussels |
Constituents | 20 |
Type | Large cap |
Market cap | €214.18 billion (end 2010)[1] |
Weighting method | Capitalization-weighted |
Website | www.euronext.com |
The BEL 20 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 the Brussels Stock Exchange. Since 20 June 2011, the BEL20 has contained 20 listings, with the exception a one month period in May-June 2018 when Ablynx stock was removed following the takeover by Sanofi [2], only to be replaced mid June by Argenx.
Rules
The composition of the BEL 20 index is reviewed annually based on closing prices on the last Friday in February.[3] These changes are effective after the third Friday of 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.[3] In addition, a candidate for inclusion must possess a free float market capitalisation (in Euros) of at least 300000 times the price of the index on the last trading day of December.[3] The minimum requirement for an existing constituent to remain in the index is a market cap of 200000 times the index value.[3] At each annual review, the weights of companies in the index are capped at 15%,[3] but range freely with share price subsequently. The BEL20 is a capitalization-weighted index. Its record high is 4756,82 set on 23 May 2007.
Constituents
The following 19 stocks make up the BEL 20 as of 15 June 2018.
Company | ICB Sector | Ticker symbol | Index weighting (%) |
---|---|---|---|
Ackermans & van Haaren | Financial Services | ACKB | 2.75 |
Ageas | Insurance | AGS | 5.51 |
AB InBev | Food and Beverage | ABI | 11.40 |
Aperam | Basic Resources | APAM | 1.53 |
Bpost | Industrial Goods and Services | BPOST | 1.70 |
Cofinimmo | Real Estate | COFB | 1.67 |
Colruyt | Retail | COLR | 2.22 |
Engie | Utilities | ENGI | 12.58 |
Galapagos | Health Care | GLPG | 1.98 |
GBL | Financial Services | GBLB | 5.46 |
ING Group | Banks | INGA | 12.48 |
KBC | Banks | KBC | 12.46 |
Ontex Group | Personal and Household Goods | ONTEX | 1.59 |
Proximus | Telecommunications | PROX | 3.74 |
Sofina | Financial Services | SOF | 1.55 |
Solvay | Chemicals | SOLB | 6.99 |
Telenet Group | Media | TNET | 2.33 |
UCB | Health Care | UCB | 6.11 |
Umicore | Chemicals | UMI | 4.65 |
Former companies in the BEL20
Company | ICB Sector | Ticker symbol | Removal Date |
---|---|---|---|
Almanij | banks | ALMB | 3 March 2005[5] |
Electrabel | electricity | ELE | 15 November 2005[6] |
Barco | electronic equipment | BAR | 1 March 2007[7] |
Agfa-Gevaert | electronic equipment | AGFB | 2 March 2009[8] |
NPM/CNP | specialty finance | NAT | 2 May 2011[9] |
Omega Pharma | pharmaceuticals | OME | 29 December 2011[10] |
Dexia | banks | DEXB | 19 March 2012[11] |
Befimmo-Sicafi | industrial and office REITs | BEFB | 18 March 2016[12] |
Delta Lloyd | insurances | DL | 18 March 2016[12] |
D'Ieteren | consumer services | DIE | 18 March 2016[12] |
Ahold Del | retail | AD | 17 March 2017[13] |
Elia | utilities | ELI | 17 March 2017[13] |
Bekaert | industrial goods and services | BEKB | 19 March 2018[14] |
Ablynx | pharmaceuticals | ABLX | 13 June 2018 |
References
- ↑ "BEL-20 Executive Presentation 2010" (PDF). Euronext. Archived from the original (PDF) on 9 November 2011. Retrieved 2010-12-31.
- ↑ "Frans bedrijf Sanofi neemt Ablynx over voor 3,9 miljard euro: "Voorzichtig tevreden, al blijven er heel wat vragen"" [French company Sanofi takes over Ablynx for 3,9 billion euro: "Cautiously happy, although many questions remain"]. demorgen.be. 29 January 2018. Retrieved 15 June 2018.
- 1 2 3 4 5 "Rules for the BEL 20-Index" (PDF). Euronext. 1 October 2015. Retrieved 1 October 2015.
- ↑ "BEL 20 Factsheet" (PDF). Euronext. Retrieved 2017-06-30.
- ↑ "BEL20: KBC-Almanij Merger" (PDF). Euronext. Archived from the original (PDF) on 20 March 2009. Retrieved 30 November 2007.
- ↑ "Suez replaces Electrabel in the BEL20 Index" (PDF). Euronext. Archived from the original (PDF) on 20 March 2009. Retrieved 4 December 2007.
- ↑ "Annual review of the BEL20 Index" (PDF). Euronext. 15 January 2007. Archived from the original (PDF) on 20 March 2009. Retrieved 30 November 2007.
- ↑ "Annual review of BEL20 index" (PDF). Euronext. 31 May 2011. Archived from the original (PDF) on 9 November 2011. Retrieved 22 June 2011.
- ↑ "Index Announcement" (PDF). NYSE Euronext. 29 April 2011. Retrieved 8 May 2011.
- ↑ "Omega Pharma verdwijnt uit Bel20 na geslaagd bod Marc Coucke". Trends (in Dutch). 27 December 2011. Retrieved 12 January 2013.
- ↑ "Dexia valt uit Bel20". De Standaard (in Dutch). January 2, 2012. Retrieved 12 January 2013.
- 1 2 3 "Galapagos, ING en Ontex komen in de Bel-20-index" [Galapagos, ING and Ontex enter the Bel-20-index]. de tijd (in Dutch). 4 March 2016. Retrieved 4 March 2016.
- 1 2 "Nieuwkomer Aperam samen met Sofina naar Bel20". beursduivel.be (in Dutch). 7 March 2017. Retrieved 7 March 2017.
- ↑ "Bekaert verdwijnt uit Bel20" [Bekaert disappears from Bel20]. standaard.be (in Dutch). 7 March 2018. Retrieved 15 June 2018.