Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)

7/29/2019 Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)

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FTSE MIB (Italy)&PSI-20 (Portugal)


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FTSE MIB

(Milano

Italia Borsa)


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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.


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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


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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)


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Products: milk and dairy products, fruit juice, tea

These products are distributed under well-known brand namessuch as Lactis, Santal, Mal.


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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)


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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.


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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.


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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


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PSI -20(Portuguese

Stock Index)


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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


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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.


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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


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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


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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


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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.


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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%).


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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


Products: oil and gas exploration and production, natural gas

transportation and distribution, oil refining, electricity generation

Profit: 441.4 million


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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


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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


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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


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


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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.


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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


Subsidiaries: EDP Renewables

North America (Houston, Texas, USA)

EDPRs Wild Horse Wind Farm in Kittitas County,Washington, United States


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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


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Jernimo Martins (JM) is a Portugal-based company that

operates infood distribution and consumer

products manufacturing.

1972

Founder: Jernimo Martins


Products: Unilever-branded fast moving consumer goods



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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)


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Portugeese+Ilatian Indices (Maisheva K. Lukutova N.)

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