What Is the Dow Jones BRIC 50 Index?

The Dow Jones BRIC 50 Index is a market capitalization-weighted stock index containing 50 of the most liquid and largest companies operating in 澳洲幸运5官方开奖结果体彩网:Brazil, Russia, India, and China (BRIC nations). The index uses the Dow Jones Global Indexes as its stock univeඣrse for the four nations.

The index is now made up of three sub-indexes: the Dow Jones BRIC Brazil 15 Index, the Dow Jones BRIC China 15 Index, and the Dow Jones BRIC India 15 Index. Fifteen positions are targeted from each country. Russia is no longer included after sanctions were placed on it when it invaded Ukraine.

Understanding the Dow Jones BRIC 50 Index

The index's selection is based on a ranking system that looks equally at 澳洲幸运5官方开奖结果体彩网:free-float market capitalization and average daily volume. The top 10 ranked stocks in each subindex are selected along with a customized selection of five more between the rankings of 11 and 20.

澳洲幸运5官方开奖结𒐪果体彩网:BRIC investing is a trendy strategy, as these nations represent large, developing economies that are increasingly involved in the global economy. China's representation is sought only in the offshore market, where H-shares and 澳洲幸运5官方开奖结果体彩网:American de🐻positary receipts (ADRs) are available on different stock exchanges.

Dow Jones BRIC 50 Index Data

The BRIC 50 index contains 50 constituent stocks, weighted around one-third to the technology sector, 20% to financials, and 14% each to oil & gas and consumer services. The index is reconstituted annually, and weightings are adjusted quarterly.

Dow Jones BRIC 50 Subindexes

The subindexes are the Dow Jones BRIC Brazil 15♛ Index, the Dow Jones BRIC China 15 Index, and the Dow Jones BRIC In🍎dia 15 Index.

The following is a breakdown of these subindexes:

• The Dow Jones BRIC Brazil 15 Index represents 15 of Brazil’s largest and most liquid companies traded on the Bovespa stock exchange.
• The Dow Jones BRIC China 15 Index represents 15 of China’s largest and most liquid companies whose principal operations are in mainland China but trade on the exchanges of Hong Kong and the United States.
• The Dow Jones BRIC India 15 Index represents 15 of India’s largest and most liquid companies traded on the Bombay Stock Exchange.

The Bottom Line

"BRICS" refers to a grouping of Brazil, Russia, India, China, and South Africa, which functions as a classification of some of the largest emerging-market economies in the world. It is a loose grouping that discusses and promotes increased economic ties between these nations. Various indexes, such as the Dow Jones BRIC 50 Index seek to track companies from these nations, though many have excluded Russia since its invasion of Ukraine, resulting in sanctions on Russia.