-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
1/32
FTSE MIB (Italy)&PSI-20 (Portugal)
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
2/32
FTSE MIB
(Milano
Italia Borsa)
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
3/32
FTSE MIB The FTSE MIB Index is the primary benchmark index for the
Italian equity market.
Capturing approximately 80% of the domestic market
capitalization. The FTSE MIB Index measures the performance of the 40
most liquid and capitalised Italian shares.
The index is derived from the universe of stocks trading on
Borsa Italianas MTA market. The FTSE MIB Index has been created to be used as a basis
for the creation of ETFs, tracker funds, derivatives and
structured products.
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
4/32
FTSE MIBEligibility
Company should be financially viable
All long term shareholders owning more than 5% of thecompany are taken into consideration on the IWF.
The most liquid stocks, which are representative of their
industry sectors are represented
All stocks on the Italian stock exchange are eligible for theindex.
At least 30% of the company's stock should be publicly floated
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
5/32
Parmalat SpA
Parmalat SpA is a multinational Italian dairy and foodcorporation.
Was founded in 1961 by Calisto Tanzi.
A company with a global presence, having major operations in
Europe, Latin America, North America, Australia, China andSouth Africa.
A subsidiary of French group Lactalis.
Headquarters: Collecchio, Italy
Sales: 4.361 billion (2010)
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
6/32
Products: milk and dairy products, fruit juice, tea
These products are distributed under well-known brand namessuch as Lactis, Santal, Mal.
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
7/32
UniCredit SpA
UniCredit SpA is an Italian global banking and financial services company.
This campony has 40 million customers and operations in 22 countries.
Was founded in 1473 (as Credito Romagnolo), 1870 (as Banca di
Genova), 1895 (as Credito Italiano)
Headquarters:Rome, Italy; Milan, Italy
Products:Corporate, retail and private banking, asset management,
securities trading
UniCredit's core markets are Italy, Austria, Russia and Southern Germany.
UniCredit also has operations in Central and Eastern Europe.
The UniCredit Group has investment banking divisions in London, Milan,
Munich, Vienna, Moscow, Budapest and Warsaw. Sales:26.35 billion (2010)
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
8/32
FiatFiat S.p.A. is an Italian automobile manufacturer based in
Turin. Was founded in 1899 by a group of investors, including
Giovanni Agnelli.
Products: Automobiles, commercial vehicles, auto
parts, newspapers, production systems As of 2009, the Fiat group (not inclusive of its
subsidiary Chrysler) was the world's 9th largest
carmaker and the largest in Italy.
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
9/32
Fiat became the majority shareholder of Chrysler,including Dodge and Jeep, in 2011.
Sales:59.559 billion (2011)
Fiathas acquirednumerous other
companies:
Lancia in 1968,
Ferrari in 1969,
Alfa Romeo in 1986,
Maserati in 1993.
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
10/32
Tod's Group
Was founded in 1970 by Diego
Della Valle.
Headquarters: Sant'Elpidio a
Mare, Italy Products: Footwear, leather
goods
Sales:806.4 million (2010)
Tod's Group is an Italian companywhich produces shoes and other
leather goods
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
11/32
PSI -20(Portuguese
Stock Index)
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
12/32
PSI -20Portuguese Stock Index
The PSI-20 is benchmark stock market index of companies
that trade on Euronext Lisbon, the main stock
exchange of Portugal.
The index tracks the prices of the 20 listings with the
largest market capitalisation and share turnover in the PSI
Geral, the general stock market of the Lisbon exchange.
The PSI-20 is one of the main national indices of the pan-European stock exchange group Euronext alongside Brussels'
BEL20, Paris's CAC 40 and Amsterdam's AEX.
Official website: indices.nyx.com/en/products/indices/PTING0200002-XLIS
http://indices.nyx.com/en/products/indices/PTING0200002-XLIShttp://indices.nyx.com/en/products/indices/PTING0200002-XLIShttp://indices.nyx.com/en/products/indices/PTING0200002-XLIShttp://indices.nyx.com/en/products/indices/PTING0200002-XLIS -
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
13/32
PSI -20Portuguese Stock Index
The index value of the PSI-20 index is calculated using the following formula:
- t the day of calculation
- N the number of constituent shares in the index (usually 20)
- Qi,t the number of shares of company i on day t
- Fi,t the free float factor of share i
- fi,t the capping factor of share i (exactly 1 for all companies not subject to the15% cap)
- Ci,t the price of share i on day t
- dta parameter known as the index divisor.
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
14/32
PSI -20Portuguese Stock Index
The PSI-20 was initiated on 31December 1992 with a base value of 3,000 index
points.
The PSI-20 reached a peak with the index's highest value to date inMarch 2000.14,822
3,000
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
15/32
PSI -20Portuguese Stock Index
Altri diversified industrials 0.95
Banco Comercial Portugus banks 9.72
Banco Esprito Santo banks 6.49
Banco Portugus de Investimento banks 1.81
Banif Financial Group banks 0.64
Brisa transportation services 4.44
Cimpor building materials and fixtures 2.24
EDP Renovveis alternative electricity 4.84
Energias de Portugal electricity 15.01
Galp Energia integrated oil and gas 15.19
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
16/32
PSI -20Portuguese Stock Index
Jernimo Martins food retailers and wholesalers 10.87
Mota-Engil heavy construction 0.50
Portucel paper 2.11
Portugal Telecom fixed line telecommunications 15.23
Redes Energticas Nacionais energy transport infrastructure 1.29
Semapa building materials and fixtures 1.82
Sonae food retailers and wholesalers 2.85
Sonaecom mobile telecommunications 0.58
Sonae Indstria building materials and fixtures 0.49
ZON Multimdia broadcasting and entertainment 2.93
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
17/32
1994
Headquarters: Lisbon, Portugal
Products: Fixedline & Mobile Telephony, Fixedline
& Mobile Internet, Digital Television, IT Services
Profit: 5.672 billion
Portugal Telecom (PT) is the
largest telecommunications service provider in Portugal.
Although it operates mainly in Portugal and Brazil, it hasalso a significant presence in Guinea-Bissau,Cape
Verde, Mozambique, Timor-Leste, Angola, Kenya,
the People's Republic of China, and So Tom and
Prncipe.
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
18/32
telecommunications services in Portugal (46.7%):
fixed and mobile telephony services (TMN; 7.4
million subscribers at the end of 2011) and
Internet access. It also provides multimedia
services (cable and satellite TV channel
broadcasting, DVD and video game publishing
and marketing, film distribution, newspapers
publishing, etc.);
telecommunications services in Brazil (39.2%);
other (14.1%).
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
19/32
The Galp Energia Group consists of more than 100 companies
engaged in activities such as natural gas supply, regasification,
transport, storage, and distribution;petroleum products exploration,
production, refining, trading, logistics and retailing; co-generation
and renewable energy.
1999
Headquarters: Lisbon, Portugal
Products: oil and gas exploration and production, natural gas
transportation and distribution, oil refining, electricity generation
Profit: 441.4 million
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
20/32
refining and distribution (87%): 16.3 million tons ofoil products
sold in 2011. At the end of 2011, the group operated 1,502
service stations in Portugal and Spain
production and distribution ofnatural gas (12.2%): 5.4 billion
m3 sold in 2011
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
21/32
exploration and production ofcrude oil
(0.7%). At the end of 2011, the group's
portfolio consisted of 7 blocks of holdings in
Portugal, 20 blocks in Brazil, 5 blocks in
Angola, 5 blocks in East Timor, 2 blocks inVenezuela, 2 blocks in Uruguay, 1 block in
Equatorial Guinea and 1 block in
Mozambique;
other (0.1%): mainly production of
electrical power
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
22/32
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
23/32
EDP - Energias de Portugal (formerly Electricidade de Portugal) ranks
among Europe's majorelectricity operators, as well as being one
of Portugal's largest business groups. It is also present in the electricity sectorsof Latin America with a major presence in the United
States, Brazil, Africa and Macau, in the generation, distribution and trading
businesses.
1976
Headquarters: Lisbon, Portugal
Products: electrical power, natural gas
Profit: 1.079 billion
Subsidiaries: Portgs (operating as EDP Gs), HC Energa, Naturgs(through
HC Energa), EDP Energias do Brasil, EDP Distribuio, EDP Energia, EDP
Renovveis (75%), Companhia de Electricidade de Macau
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
24/32
production, sales and distribution of
electricity: hydroelectric, thermoelectric,
wind, co-generated, and biomass-based;
sales and distribution of gas (No. 2 in
Portugal);
supply of energy services: primarily engineering and consultingservices for the construction and installation of thermoelectric and
hydroelectric units;
other: steam production, supply of computer services, etc.
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
25/32
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
26/32
EDP(Energias de Portugal) Renewables (EDPR) is a leading company that
designs, develops, manages and operates power plants that generate electricity
using renewable energy sources.
2007
Headquarters: Madrid, Spain,
Products: wind energy
Profit: 80.2 million
Subsidiaries: EDP Renewables
North America (Houston, Texas, USA)
EDPRs Wild Horse Wind Farm in Kittitas County,Washington, United States
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
27/32
EDP Renovveis specializes in electricity production from renewable energies.
The group's activity is organized around 3 areas:
development and construction ofelectricity production units
electricity production: from wind energy (16,800 GWh produced in 2011) and
hydraulic energy
operation and maintenance ofelectrical plants
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
28/32
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
29/32
Jernimo Martins (JM) is a Portugal-based company that
operates infood distribution and consumer
products manufacturing.
1972
Founder: Jernimo Martins
Headquarters: Lisbon, Portugal
Products: Unilever-branded fast moving consumer goods
Profit: 200.3 million
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
30/32
other (4.3%): production, in partnership with
Unilever, of consumer goods (oil, margarines,
beverages, hygiene and healthcare products, ice
creams, fabrics detergents, etc.), representation and
distribution of international consumer goods brands,
etc.
food distribution (95.7%): at the end of
2011, owned 2,268 outlets in Portugal (395
outlets, of which 356 Pingo Doce
supermarkets and hypermarkets and 39
Recheio cash and carry stores) and Poland
(1,873 - Biedronka)
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
31/32
-
7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)
32/32
Thank you for your attention!