CEESEG BI - CEESEG Basic Industries
Index launch: 01.09.2011
The CEESEG Basic Industries (CEESEG BI) is a capitalization-weighted price index which
is composed of the sector Basic Industries of the leading share indices of the CEE Stock Exchange
Group (ATX, BUX, PX and SBI TOP). The index will be calculated and disseminated on a real-time
basis in EUR. The CEESEG Basic Industries should serve as a representative benchmark for investors
and represent the development of the capital markets of the whole group. The start level was set to
1,000 points on 30 December 2009.
| Short Code | ISIN | Bloomberg | Reuters | Calculation Time |
|---|---|---|---|---|
| CEESEG BI | AT0000A0QWX2 | CEESEGBI<Index> | .CEESEGBI | CET 09:00 – 17:45 |
Main Features of the CEESEG BI:
- Dividend payments or similar distributions are not considered.
- Only ordinary shares of companies which are listed and traded on the Budapest SE, Ljubljana SE, Prague SE or Vienna SE are eligible for inclusion into the CEESEG BI.
- CEESEG BI is calculated Monday to Friday on each day at least one of the following local stock exchanges is open for trading: Budapest SE, Ljubljana SE, Prague SE, Vienna SE. The local holidays will only be considered, if the respective market has at least a weight of 10% in the index at end of November in the preceding year.
- The free float is represented by the weighting factors: 0.10 - 0.20 – 0.30 - 0.40 - 0.50 – 0.60 - 0.70 - 0.80 - 0.90 - 1.00.
- The representation factors can take values between 0.01 and 1.00 and are used to avoid an index member exceeding a maximum weighting cap of 25% on certain cut-off days.
- New index values are triggered by new traded prices of index members (update real-time) or by new exchange rates (bid/ask mid-prices, updates every 2 minutes).
- Quarterly review and adjustments of the weighting factors.
- Changes to the index composition in accordance with the local leading share indices (ATX, BUX, PX and SBITOP)
- All decisions regarding the index are taken by the index committee.