The Emerging Companies Market Index started on August 30, 2000 with 1,000 points as its basis and it was designed by Cyprus Stock Exchange. The main goal of the index is to represent, on a real time basis, the performance of listed companies in the Emerging Companies Market.
The index:
-
have a base of 1000 (thousand) units
-
use last trade prices.
-
are based on the “Laspayers formula”
CSE Financials Index
Eligible securities for participation in the CSE Financials Index are the shares of companies traded on the Emerging Companies and their economic activities referred to the financial sector (subsector 8000) of the ICB classification system.