What are the 11 stock sectors?
Table of Contents
The order of the 11 sectors based on size is as follows: Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.
What are the ASX industry groups?
In total the ASX is broken up into 11 Sectors, 24 Industry Groups, 69 Industries and 158 Sub-industries.
- Energy (XEJ) 95.90 -0.086 (-0.09%)
- Materials (XMJ) 178.40 +3.103 (+1.77%)
- Industrials (XNJ)
- Consumer Discretionary (XDJ)
- Consumer Staples (XSJ)
- Health Care (XHJ)
- Financials (XFJ)
- Information Technology (XIJ)
What are the GICS codes?
GICS is a four-tiered, hierarchical industry classification system. Companies are classified quantitatively and qualitatively. Each company is assigned a single GICS classification at the Sub-Industry level according to its principal business activity.
What is ASX 300 Accumulation index?
The S&P/ASX 300 Index (XKO) provides additional depth and coverage to the S&P/ASX 200 whilst maintaining strict liquidity guidelines. It provides up to an additional 100 small-cap stocks to the S&P/ASX 200.
What are the best sectors to invest in 2022?
Going into 2022, among the key market sectors to watch are oil, gold, autos, services, and housing. Other key areas of concern include tapering, interest rates, inflation, payment for order flow (PFOF), and antitrust.
What is the ASX Code for materials?
ASX Materials Companies
| Code | Market Cap | |
|---|---|---|
| 1. | ASX:BHP | 236.21B |
| 2. | ASX:FMG | 55.88B |
| 3. | ASX:RIO | 43.87B |
| 4. | ASX:S32 | 22.37B |
What sectors are there in Australia?
In Australia, the world of work can be divided into three sectors: government, private and community. The government sector performs services through activities that are not set up for commercial profit. It’s funded with money set aside by the federal government or by local and state/territory governments.
Who assigns GICS code?
How is a company assigned a GICS code? Standard & Poor’s and MSCI jointly assign a company to a single GICS sub-industry according to the definition of its principal business activity as determined by the two companies.
How many GIC codes are there?
GICS is a four-tiered, hierarchical industry classification system. It consists of 11 sectors, 24 industry groups, 69 industries, and 158 sub-industries.
What is the difference between ASX 200 and 300?
The Vanguard Australian Shares Index ETF (ASX: VAS) shuns the ASX 200 in favour of the S&P/ASX 300 (ASX: XKO). This index is just like it sounds – instead of covering the top 200 ASX shares by market capitalisation, it throws on an extra 100 smaller ASX companies on the bottom.
What is the ASX 200 made up of?
The index is comprised of the 200 largest ASX listed stocks and acts as the benchmark for Australian equity performance. Companies range in size from ~$380 million to over $100 billion and together account for ~82% (March 2017) of Australia’s sharemarket capitalisation.
What is the ASX GICs classification system?
However, to bring the Australian stock market in line with the rest of the world Standard and Poor’s developed and the ASX have implemented a classification system based on Global Industry Classification Standards or GICS. This system was developed to standardise industry definitions.
What are the GICS sectors and how do they compare?
As most established markets use GICS, investors can accurately compare the performance of Australian sectors/industries to those of other countries. Australia’s 11 GICS sectors each have a benchmark index that tracks the performance of ASX-listed companies in that sector. The constituents of the ASX sector indices are selected from the S&P/ASX 200.
How are the ASX sector indices selected?
The constituents of the ASX sector indices are selected from the S&P/ASX 200. As the pool of eligible ASX stocks is relatively small, some sector indices only contain a handful of companies.
How many companies are there in the ASX?
The ASX has no companies in 9 Sub-Industries. On 16 September August 2016 the 11th Sector “Real Estate” was added – see announcement . Companies are categorised according to their primary business activity following the Global Industry Classification Standard (GICS).