Jump to content

BEL 20

From Wikipedia, the free encyclopedia

BEL 20
BEL 20 performance between 1991 and 2019
Foundation30 December 1990
OperatorEuronext
ExchangesEuronext Brussels
Constituents20
TypeLarge cap
Market cap287.5 billion (end 2018)[1]
Weighting methodCapitalization-weighted
Websitewww.euronext.com
The former Brussels Stock Exchange building

The BEL 20 is the benchmark stock market index of Euronext Brussels. It tracks the performance of 20 most capitalized and liquid stocks traded in Belgium. 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 arGEN-X [nl].

Rules

[edit]

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.

Annual Returns

[edit]

The following table shows the annual development of the BEL 20 Index, which was calculated back to 1990.[4]

Year Closing level Change in Index
in Points
Change in Index
in %
1990 1,000.00
1991 1,029.72 29.72 2.97
1992 1,127.02 97.30 9.45
1993 1,473.10 346.08 30.71
1994 1,389.64 −83.46 −5.67
1995 1,559.63 169.99 12.23
1996 1,897.58 337.95 21.67
1997 2,419.34 521.76 27.50
1998 3,514.51 1,095.17 45.27
1999 3,340.43 −174.08 −4.95
2000 3,024.49 −315.94 −9.46
2001 2,782.01 −242.48 −8.02
2002 2,025.04 −756.97 −27.21
2003 2,244.18 219.14 10.82
2004 2,932.62 688.44 30.68
2005 3,549.25 616.63 21.03
2006 4,288.53 739.28 20.83
2007 4,127.47 −161.06 −3.76
2008 1,908.64 −2,218.83 −53.76
2009 2,511.62 602.98 31.59
2010 2,578.60 66.98 2.67
2011 2,083.42 −495.18 −19.20
2012 2,475.81 392.39 18.83
2013 2,923.82 448.01 18.10
2014 3,285.26 361.44 12.36
2015 3,700.30 415.04 12.63
2016 3,606.36 −93.94 −2.54
2017 3,977.88 371.52 10.30
2018 3,243.63 −734.25 −18.46
2019 3,955.83 712.20 21.96
2020 3,621.88 −334.55 −8.46
2021 4.310,15 688.87 19.02
2022 3,701.17 −608.98 −14.13
2023 3,707.77 6.6 0.18

Constituents

[edit]

The following 20 stocks make up the BEL 20 as of June 28 2024.[5]

Company ICB Sector Ticker symbol Index weighting (%)[1] In index since
AB InBev Food & Beverage Euronext BrusselsABI 10.44 February 2002
Ackermans & van Haaren Financial Services Euronext BrusselsACKB 3.23 March 2007
Aedifica Real Estate Euronext BrusselsAED 2.48 March 2020
Ageas Insurance Euronext BrusselsAGS 6.27 March 1991
arGEN-X [nl] Health Care Euronext BrusselsARGX 13.48 June 2018
Azelis Group Basic Resources Euronext BrusselsAZE 1.88 June 2024
Cofinimmo Real Estate Euronext BrusselsCOFB 1.91 January 2003
D'Ieteren Consumer Discretionary Euronext BrusselsDIE 3.92 March 2022
Elia Group Utilities Euronext BrusselsELI 2.66 March 2021
Galapagos Health Care Euronext BrusselsGLPG 0.99 March 2016
GBL Financial Services Euronext BrusselsGBLB 4.95 March 1991
KBC Banks Euronext BrusselsKBC 10.93 January 1993
Lotus Bakeries Consumer Staples Euronext BrusselsLOTB 3.61 March 2024
Melexis [nl] Electronic Equipment Euronext BrusselsMELE 1.49 March 2021
Sofina Financial Services Euronext BrusselsSOF 2.69 March 2017
Solvay Chemicals Euronext BrusselsSOLB 2.08 March 1991
Syensqo Basic Materials Euronext BrusselsSYENS 5.70 December 2023
UCB Health Care Euronext BrusselsUCB 14.67 March 1991
Umicore Chemicals Euronext BrusselsUMI 2.54 March 1991
WDP [nl] Real Estate Euronext BrusselsWDP 4.09 March 2019

Former companies in the BEL20

[edit]
Company ICB Sector Ticker symbol Period in BEL20
Ablynx pharmaceuticals ABLX March 2018 – June 2018
Agfa-Gevaert electronic equipment AGFB March 1991 – December 1994
June 1999 – March 2009[6]
Almanij banks No longer listed March 1991 – March 2005[7]
Barco Industrial Goods & Services BAR March 1991 – January 1993
December 1996 – March 2007
March 2019 – March 2021
BarcoNet electronic equipment November 2000 – November 2000
Befimmo-Sicafi industrial and office REITs BEFB March 2009 – March 2016[8]
Bekaert industrial goods and services BEKB January 1993 – June 1999
December 1999 – March 2018[9]
Bpost Industrial Goods and Services BPOST March 2014 – March 2019
CBR Cement No longer listed March 1991 – December 1999
CMB Shipowners No longer listed January 1993 – January 1999
CNP Specialty finance NAT March 2006 – May 2011[10]
Cockerill-Sambre Steel No longer listed December 1994 – December 1996
Cobepa Investment company No longer listed January 1999 – September 2000
Cumerio Copper 2005
Delhaize Group retail AD March 1991 – March 2017[11]
Delta Lloyd Insurance DL March 2013 – March 2016[8]
Dexia Banking No longer listed December 1997 – March 2012[12]
D'Ieteren Consumer services DIE July 1998 – March 2006
March 2012 – March 2016[8]
Electrabel Electricity ELE March 1991 – November 2005[13]
Engie Utilities ENGI November 2005 – March 2019
Generale Bank Banking No longer listed March 1991 – July 1998
GIB Group Supermarkets No longer listed March 1991 – November 2002
IBA Medical technology No longer listed November 1999 – March 2003
ING Group Banks INGA March 2016 – March 2021
Mobistar Telecom OBEL November 2002 – March 2013
Nyrstar Metallurgy NYR March 2008 – March 2009
June 2011 – March 2013
Omega Pharma Pharmaceuticals OME March 2002 – December 2011[14]
Ontex Group Personal and Household Goods ONTEX March 2016 – March 2020
Petrofina Oil No longer listed March 1991 – June 1999
Real Software Technology No longer listed June 1999 – February 2002
Recticel Polyurethane based products REC March 1991 – January 1993
Royale Belge Insurance No longer listed March 1991 – June 1998
Société Générale de Belgique Investment & Banking No longer listed March 1991 – July 1998
Suez Environnement Utility company 2008
Telindus ICT No longer listed September 2000 – March 2002
Tessenderlo Chemistry TESB March 1991 – January 1993
July 1998 – March 2004
ThromboGenics Biopharmaceuticals THR March 2013 – March 2014
Tractebel Energy No longer listed March 1991 – November 1999

References

[edit]
  1. ^ "BEL-20 Executive Factsheet 2018" (PDF). Euronext. Archived from the original on 9 November 2011. Retrieved 15 November 2018.
  2. ^ "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.
  3. ^ a b c d e "Rules for the BEL 20-Index" (PDF). Euronext. 1 October 2015. Retrieved 1 October 2015.
  4. ^ "BEL 20 (^BFX) Historical Data – Yahoo Finance". Yahoo! Finance. Retrieved 21 January 2020.
  5. ^ "BEL 20 Composition" (PDF). Euronext. Retrieved 3 November 2024.
  6. ^ "Annual review of BEL20 index" (PDF). Euronext. 31 May 2011. Archived from the original (PDF) on 9 November 2011. Retrieved 22 June 2011.
  7. ^ "BEL20: KBC-Almanij Merger" (PDF). Euronext. Archived from the original (PDF) on 20 March 2009. Retrieved 30 November 2007.
  8. ^ a b c "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.
  9. ^ "Bekaert verdwijnt uit Bel20" [Bekaert disappears from Bel20]. standaard.be (in Dutch). 7 March 2018. Retrieved 15 June 2018.
  10. ^ "Index Announcement" (PDF). NYSE Euronext. 29 April 2011. Retrieved 8 May 2011.
  11. ^ "Nieuwkomer Aperam samen met Sofina naar Bel20". beursduivel.be (in Dutch). 7 March 2017. Retrieved 7 March 2017.
  12. ^ "Dexia valt uit Bel20". De Standaard (in Dutch). 2 January 2012. Retrieved 12 January 2013.
  13. ^ "Suez replaces Electrabel in the BEL20 Index" (PDF). Euronext. Archived from the original (PDF) on 20 March 2009. Retrieved 4 December 2007.
  14. ^ "Omega Pharma verdwijnt uit Bel20 na geslaagd bod Marc Coucke". Trends (in Dutch). 27 December 2011. Retrieved 12 January 2013.
[edit]