Standard & Poor's Adds 15 Indices To Its Offerings

Standard & Poor's launched 15 new indices Monday, designed to measure the performance of a narrow Global Industry Classification Standard, it says. The new indices bring S&P's number in the series to 18 with a minimum of 21 stocks. Each

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Standard & Poor’s launched 15 new indices Monday, designed to measure the performance of a narrow Global Industry Classification Standard, it says.

The new indices bring S&P’s number in the series to 18 with a minimum of 21 stocks.

Each S&P Select Industry index consists of, S&P says, constituents in a particular GICS sub-industry and that represent at least 90% of the float adjusted market capitalization of the GICS sub-industry or group of sub-industries.

They must also have a liquidity ratio greater than 30%.

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