The IBEX SMALL CAP® index represents a selection of small-cap stocks traded on the Spanish market. It is composed of companies with a lower market capitalization than those included in the IBEX MEDIUM CAP® index and is designed to measure the performance of smaller Spanish firms.
IBEX SMALL CAP Chart
Index Description
Product Information
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Index Launch
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1st July 2005 |
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Eligibility Criteria |
The IBEX SMALL CAP® index consists of the 30 stocks with the highest free-float adjusted market capitalization that are not included in either the IBEX 35® or the IBEX MEDIUM CAP®. The stocks selected must meet liquidity requirements, specifically an annualized turnover ratio above 15% and a free-float percentage exceeding 15%. The selection process considers data from the six months preceding the review.
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Weighting |
Market cap adjusted by free float. Maximum weighting limit of 20% in reviews.
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Base Date |
29th December 1989 |
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Base Level |
3000 |
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Review Dates |
Quarterly review: Ordinary in June and December. Follow Up in March and September. |