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 |
[Edit] References