Sector Indices

Sector indices enable investors to benchmark the performance of stocks grouped by specific market sectors or industries. It empowers investors to make more selective choices, and listed companies to better track progress in relation to their respective peer group.

  • Private Equity NXT: market-cap weighted index composed of Euronext market listed private-equity funds with a valuation of at least €300 million.
  • Next Biotech: index comprising  25 biotech companies listed on Euronext’s regulated markets.
  • Euronext IEIF REIT: investors, fund managers and issuers use this index to track European real estate companies that have opted for REIT status and that assess the relative performance of sector and individual companies.

ICB Classification - Industry Classification Benchmark

All companies listed on the Euronext Regulated Markets are classified using the Industry Classification Benchmark (ICB) classification system. This system, developed by Dow Jones Indexes and FTSE, contains more than 75,000 securities worldwide. It is globally used to divide the market into increasingly specific categories, allowing investors to compare industry trends between well-defined subsections.

ICB’s  principal aim is to categorizse individual companies into subsectors, primarily based on a company’s major source of revenue. It provides buy-side traders and their sell-side counterparties with a standardised base for analysis, equity selection and performance measurement.

ICB Structure

The ICB contains a four-tier, hierarchical, industry classification structure. It is a comprehensive system for sector and industry analysis, facilitating a comparison of companies across four levels of classification.

There are ten industries and - within these – 19 supersectors, 41 sectors and 114 subsectors. Each equity is uniquely classified, based on the company’s primary revenue source, in one of these 114 subsectors.

The industry and supersector tiers are designed to reflect and facilitate current sector-based investment strategies. Please visit the Equities Directory to run a search on Euronext’s listed companies using the ICB structure,