the industry classification benchmark (ICB) is a company classification system developed by Dow Jones and FTSE. it is used to segregate markets into sectors within the macroeconomical my. the ICB uses a system of 10 industries, partitioned into 18 supersectors, which are further divided into 39 sectors, which then contain 104 subsectors. [1] [2]
the principal aim of the ICB is to categorize individual companies into subsectors based primarily on a company's "source of revenue or where it constitutes the majority of revenue. " [ citation needed ] if a company is equally divided amongst several distinct subsectors, authorities from the Dow Jones and FTSE may be summoned to make a final judgement. firms may appeal their classification at any time. [ citation needed ]
The ICB is used globally (though not universally) to divide the market into increasingly specific categories, allowing investors to compare industry trends between well-defined subsectors. the ICB replaced the legacy FTSE and Dow Jones classification systems on 3 January, 2006, and is used today by the NASDAQ, NYSE and several other markets around the globe.
Industry |
Supersector |
Sector |
Oil & Gas |
Oil & Gas |
Oil & Gas Producers |
Oil equipment, services & Distribution |
Basic materials |
Chemicals |
Chemicals |
Basic resources |
Forestry & Paper |
Industrial metals |
Mining |
Industrials |
Construction & Materials |
Construction & Materials |
Industrial Goods & Services |
Aerospace & Defense |
General Industrials |
Electronic & Electrical Equipment |
Industrial Engineering |
Industrial Transportation |
Support services |
Consumer goods |
Automobiles & parts |
Automobiles & parts |
Food & Beverage |
Beverages |
Food producers |
Personal & household goods |
Household Goods |
Leisure goods |
Personal Goods |
Tobacco |
Health care |
Health care |
Health care equipment & Services |
Pharmaceuticals & Biotechnology |
Consumer Services |
Retail |
Food & drug retailers |
General Retailers |
Media |
Media |
Travel & Leisure |
Travel & Leisure |
Telecommunications |
Telecommunications |
Fixed line telecommunications |
Mobile Telecommunications |
Utilities |
Utilities |
Atomicity |
Gas, water & multiutilities |
Schemals |
Banks |
Banks |
Insurance |
Nonlife Insurance |
Life Insurance |
Financial services |
Real Estate |
General financial |
Equity Investors instruments |
Nonequity investment instruments |
Technology |
Technology |
Software & Computer Services |
Technology hardware & Equipment |
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