Central European Blue Chip Index
Foundation | January 1, 2001 |
---|---|
Operator | Budapest Stock Exchange |
Exchanges | Central Europe |
Constituents | 20 |
Type | Large-cap |
Weighting method | Free-float capitalization-weighted |
Website | CETOP20 |
CETOP20 (Central European Blue Chip Index) is a stock market index which reflects the performance of 20 companies with the biggest market value and turnover in the Central European region.[1] The CETOP20 index is to serve as a benchmark for the portfolio managers who invest in the region. The eligible securities are those shares that are listed on at least one of the following Exchanges:
- Budapest Stock Exchange
- Warsaw Stock Exchange
- Prague Stock Exchange
- Bratislava Stock Exchange
- Ljubljana Stock Exchange
- Zagreb Stock Exchange
Twenty blue chip equities of the Central European region are included in the index basket selected on the basis of global ranking, taking into account that a maximum of 7 securities from one stock exchange may be simultaneously included in the index.[2]
Components
The current components and weighting of the index: CETOP20 Composition
The CETOP20 currently consists of the following 20 major Central European companies:
- Bank Pekao
- Bank PKO BP
- CEZ
- Erste Group
- HT
- KGHM
- Komerční banka
- KRKA DD
- MOL Group
- Magyar Telekom
- Bank Zachodni WBK
- OTP Bank
- PGE
- PKN Orlen
- PZU
- Gedeon Richter
- O2 Czech Republic
- Telekom Polska
- Unipetrol
- Vienna Insurance Group