BEL 20
Foundation | 30 December 1990 |
---|---|
Operator | Euronext |
Exchanges | Euronext Brussels |
Constituents | 20 |
Type | Large cap |
Market cap | €287.5 billion (end 2018)[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 arGEN-X.
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 |
Constituents[edit]
The following 20 stocks make up the BEL 20 as of 22 March 2021.
Company | ICB Sector | Ticker symbol | Index weighting (%)[1] | In index since |
---|---|---|---|---|
AB InBev | Food & Beverage | Euronext Brussels: ABI | 12.07 | February 2002 |
Ackermans & van Haaren | Financial Services | Euronext Brussels: ACKB | 2.45 | March 2007 |
Aedifica | Real Estate | Euronext Brussels: AED | 2.69 | March 2020 |
Ageas | Insurance | Euronext Brussels: AGS | 7.51 | March 1991 |
Aperam | Basic Resources | Euronext Brussels: APAM | 1.53 | March 2017 |
arGEN-X | Health Care | Euronext Brussels: ARGX | 9.93 | June 2018 |
Cofinimmo | Real Estate | Euronext Brussels: COFB | 2.79 | January 2003 |
Colruyt | Retail | Euronext Brussels: COLR | 2.30 | January 1993 |
Elia | Utilities | Euronext Brussels: ELI | 2.79 | March 2021 |
Galapagos | Health Care | Euronext Brussels: GLPG | 2.34 | March 2016 |
GBL | Financial Services | Euronext Brussels: GBLB | 7.70 | March 1991 |
KBC | Banks | Euronext Brussels: KBC | 11.61 | January 1993 |
Melexis | Electronic Equipment | Euronext Brussels: MELE | 1.36 | March 2021 |
Proximus Group | Telecommunications | Euronext Brussels: PROX | 2.35 | March 2004 |
Sofina | Financial Services | Euronext Brussels: SOF | 3.70 | March 2017 |
Solvay | Chemicals | Euronext Brussels: SOLB | 6.08 | March 1991 |
Telenet Group | Media | Euronext Brussels: TNET | 1.31 | March 2009 |
UCB | Health Care | Euronext Brussels: UCB | 8.53 | March 1991 |
Umicore | Chemicals | Euronext Brussels: UMI | 7.88 | March 1991 |
WDP | Real Estate | Euronext Brussels: WDP | 3.20 | March 2019 |
Former companies in the BEL20[edit]
This section needs expansion with: list. You can help by adding to it. (February 2019) |
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 | Euronext: 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 | Euronext: 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]
- ^ "BEL-20 Executive Factsheet 2018" (PDF). Euronext. Archived from the original on 9 November 2011. Retrieved 2018-11-15.
- ^ "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.
- ^ a b c d e "Rules for the BEL 20-Index" (PDF). Euronext. 1 October 2015. Retrieved 1 October 2015.
- ^ "BEL 20 (^BFX) Historical Data - Yahoo Finance". finance.yahoo.com. Retrieved 21 January 2020.
- ^ "BEL 20 Factsheet" (PDF). Euronext. Retrieved 15 April 2020.
- ^ "Annual review of BEL20 index" (PDF). Euronext. 31 May 2011. Archived from the original (PDF) on 9 November 2011. Retrieved 22 June 2011.
- ^ "BEL20: KBC-Almanij Merger" (PDF). Euronext. Archived from the original (PDF) on 20 March 2009. Retrieved 30 November 2007.
- ^ 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.
- ^ "Bekaert verdwijnt uit Bel20" [Bekaert disappears from Bel20]. standaard.be (in Dutch). 7 March 2018. Retrieved 15 June 2018.
- ^ "Index Announcement" (PDF). NYSE Euronext. 29 April 2011. Retrieved 8 May 2011.
- ^ "Nieuwkomer Aperam samen met Sofina naar Bel20". beursduivel.be (in Dutch). 7 March 2017. Retrieved 7 March 2017.
- ^ "Dexia valt uit Bel20". De Standaard (in Dutch). 2 January 2012. Retrieved 12 January 2013.
- ^ "Suez replaces Electrabel in the BEL20 Index" (PDF). Euronext. Archived from the original (PDF) on 20 March 2009. Retrieved 4 December 2007.
- ^ "Omega Pharma verdwijnt uit Bel20 na geslaagd bod Marc Coucke". Trends (in Dutch). 27 December 2011. Retrieved 12 January 2013.