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.
|S&P/ASX Resources||GICS Metals & Mining|
|S&P/ASX Industrials||GICS Materials sector less GICS Metals & Mining industry|
|GICS Consumer Discretionary|
|GICS Consumer Staples|
|GICS Health Care|
|GICS Information Technology|
|GICS Telecommunication Services|
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|
|Precious Metals & Minerals|
|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