GICS

GICS®

GICS (Global Industry Classification Standard) is jointly developed by S&P Dow Jones Indices and MSCI aimed at standardising global industry definitions. To bring Australia in line with the rest of the world S&P Dow Jones Indices have reclassified all ASX listed entities according to GICS. From 1 July 2002 the ASX industry classification became redundant.

The Australian market has traditionally been associated with 24 industry sectors unique to this country. GICS consists of 11 Sectors aggregated from 24 Industry Groups, 69 Industries, and 158 Sub-Industries currently covering over 43,000 companies globally.

The standardised classification system has the advantage that it encourages foreign investors to look in to local markets, as well as allowing local investors to look at the rest of the world and compare stocks via industry classification. This approach contributes to the transparency and efficiency in the investment process.

GICS methodology

 

GICS sectors

Constituents are available for both the S&P/ASX 200 and S&P/ASX 300 GICS sector indices.

In addition to the 11 GICS Sectors, S&P Dow Jones Indices also recognises other industry segments relevant to the Australian market and calculates the following indices:

To discover more about GICS methodology or to view the GICS map, please visit the S&P Dow Jones Indices website.