PDSnet Glossary

Term

Categories

Introductory Technical Fundamental Economics Opinion Sectors International Regulatory Other Markets

Versions

Name	synonyms = 1, variations = 2, abbreviations = 3

Publish: (0 = no, 1 = yes)

Definition

<p style="text-align: justify;">The <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">industry classification benchmark</span> (ICB) developed by <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">Dow Jones</span> and <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">Financial Times Stock Exchange</span> (FTSE) in 2005 currently includes over 70 000 <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">companies</span>. The classification groups <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">shares</span> by their primary <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">income</span> source into 20 super-sectors, 45 <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">sectors</span> and 173 <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">sub-sectors</span>. Each share is uniquely identified and categorised.</p>