WebOct 18, 2024 · introduced with 10 Sectors, 23 Industry Groups, 59 Industries, and 123 Sub-Industries. The structure has since evolved to 11 Sectors, 24 Industry Groups, 69 Industries, and 158 Sub-Industries. This evolution of the GICS structure ensures that GICS is reflective of todays markets and continues to be an accurate and complete industry … Web45 minutes ago · Internet companies like META and Alphabet ( GOOGL / GOOG) are actually considered part of the communication services sector after a GICS reclassification in September 2024. The sector was...
Is the 2024 GICS Sector Reclassification a Technique Changer?
WebSep 21, 2024 · On Sept. 28, 2024 over USD 3 trillion in market capitalization will switch sectors because of changes to the Global Industry Classification Standard (GICS®) 1 structure; specifically, the Telecommunications Services sector will significantly broaden and be renamed Communications Services. WebFeb 18, 2024 · consultation on potential changes to the global industry classification standard (gics®) structure in 2024. open for comment until feb 18, 2024. revisions to the global industry classification standard (gics®) structure effective march, 2024 they are upset
The GICS Reclassification and its Implications For REITs
WebJul 14, 2024 · Currently, the GICS classification system consists of 11 sectors (based on a two-digit code), 24 industry groups (based on a four-digit code), 69 industries (based on a six-digit code), and 158 sub-industries (based on an eight-digit code) into which all major public companies have been categorized. WebMar 17, 2024 · The current GICS structure includes 11 sectors, which will remain unchanged.The reclassification of firms will occur across five GICS sectors. These are consumer discretionary, consumer... WebMar 31, 2024 · NEW YORK, March 31, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI"), a leading provider of financial market indices, and MSCI Inc. (MSCI), a … they are up to meaning