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BYMA and S&P Dow Jones Indices introduce two new sectoral indices

One will represent the Construction sector and the second will represent Argentina's Energy and Utilities sectors. The development is in addition to the nine sectoral indexes that the Stock Exchange already has available.

6 min
|
18/10/2019
BYMA and S&P Dow Jones Indices introduce two new sectoral indices

Bolsas y Mercados Argentinos (BYMA) and S&P Dow Jones Indices are introducing two new sectoral indices, one of which will represent the performance of the Construction sector and the other the Energy and Utilities sectors in Argentina, which will include stocks that are part of the S&P/BYMA General Index and will serve as an essential benchmarking tool for the local and international investment community. They will be called S&P/BYMA Energy and Utilities Index and S&P/BYMA Construction Index.This novelty complements the nine sectorial indexes that the Stock Exchange already has available, which represent other key segments of the local market such as Mass Consumption, Intermediate Goods, Financial Services, Telecommunications, among others.With this launch, the BYMA index family is consolidated as follows:

General Indexes

S&P/BYMA General IndexS&P MERVALS&P MERVAL Argentina

Sectoral Indexes

  1. S&P/BYMA Energy
  2. S&P/BYMA Intermediate Goods
  3. S&P/BYMA Industry and Capital Goods
  4. S&P/BYMA Consumer Non-Core
  5. S&P/BYMA Consumer Staples
  6. S&P/BYMA Financial Services
  7. S&P/BYMA Telecommunications
  8. S&P/BYMA Utilities
  9. S&P/BYMA Real Estate
  10. S&P/BYMA Construction. NEW!
  11. S&P/BYMA Energy and Utilities. NEW!

In this regard, the President of BYMA, Ernesto Allaria, maintained that, "We are proud of this new development, which is clear evidence of our commitment to the evolution of the local market and of our increasingly strong bond with S&P DJI. We share the goal of creating relevant and useful products for local and international market participants. The eleven sector indexes now available are the materialization of that work."We are pleased to work together with BYMA to expand our family of sector indexes," said Silvia Kitchener, Director of Equity Product Management for Latin America at S&P Dow Jones Indices. "These new indexes represent two of Argentina's most relevant economic sectors and will serve as important financial tools for the local market and investors who follow the performance of these industries."

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