Resource Sector Components

Content supplied by Breakaway Research

Historically, the Australian stock market was segregated into Industrial and Resource sectors. The Resources Sector comprised both the Mining and Energy sectors and the All-Resources Index represented an investor benchmark up until the adoption of MSCI/Standard and Poor’s Global Industry Classification Standard (GICS) in 2000.

The Global Industry Classification Standard (GICS) now classifies components of the Resources sector into the Materials sector (Metals & Mining) and the Energy sector.

 

Index Components
S&P/ASX Resources GICS Metals & Mining
GICS Energy
S&P/ASX Industrials GICS Materials sector less GICS Metals & Mining industry
GICS Industrials
GICS Consumer Discretionary
GICS Consumer Staples
GICS Health Care
GICS Financials
GICS Information Technology
GICS Telecommunication Services
GICS Utilities

Source: Standard & Poors

Subsectors within Metals & Mining and the Energy sector include the familiar Diversified Metals & Mining, Gold and Steel sectors. Oil & Gas companies dominate the Energy sector.

 

Metals & Mining Aluminium
Diversified Metals & Mining
Gold
Precious Metals & Minerals
Steel
Energy Oil & Gas
Energy Equipment & Services

While resource companies are now spread over the above sectors, collectively it is the second largest market sector behind the Banking sector and a key component of balanced investment portfolios.

Find out more about the GICS Classification System