Quarterly review of the BEL 20®, BEL Mid® and BEL Small® indices


Brussels, 9 December 2020 - Euronext today announced the quarterly review of the BEL 20®, BEL Mid® and BEL Small® indices. The change due to the review will be effective from Monday 21 December 2020.

Results of the December 2020 review:

BEL 20®

No changes in the composition of the BEL 20®

BEL Mid®

No changes in the composition of the BEL Mid®

BEL Small®

Inclusion of:

Exclusion of:



In the event of a take-over or other exceptional circumstances, the Independent Supervisor of the indices has the right to revise the selection during the period before the effective date of the review.

Review of the BEL Family

The BEL Family is reviewed quarterly in June, September and December. The full annual review is in March. The June, September and December reviews of the BEL 20® serve to include new entrants in case the index consists of less than the standard number of constituents and to facilitate inclusion of highly ranked non-constituents, for example recently listed companies.

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About Euronext
Euronext is the leading pan-European market infrastructure, connecting local economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, The Netherlands, Norway and Portugal. With close to 1,500 listed issuers worth €4.5 trillion in market capitalisation as of end December 2020, it has an unmatched blue chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates Euronext Growth® and Euronext Access®, simplifying access to listing for SMEs. Euronext provides custody and settlement services through central securities depositories in Denmark, Norway and Portugal.
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