Farmers Weekly Agricultural Indices Launched
NZX has launched a set of agricultural indices to measure and profile the performance of the listed agriculture sector in New Zealand.
The Farmers Weekly Primary Sector Equity Index and Farmers Weekly Agricultural Equity Index will initially be published exclusively within the Farmers Weekly publication.
The new indices were launched as part of a new comprehensive market information section in the New Zealand Farmers Weekly publication. It now includes a weekly sharemarket briefing, dairy commodity pricing and market commentary from NZX Agrifax. The market report also provides share price data for the NZX Listed companies in the primary and agricultural sectors. Managing Editor of Farmers Weekly, Tony Leggett said, "Its great to be able to offer a wider set of information to our readers from NZXʼs range of sharemarket and agricultural information. We created these indices as a transparent way to benchmark the performance of the listed agricultural sector. Its part of our push in Farmers Weekly to give farmers the information they need to make business decisions." Companies included in the Farmers Weekly Primary Sector Equity Index and the Farmers Weekly Agricultural Equity Index have securities listed on NZX markets that generate revenue from, or engage in business in the primary and agricultural sector. A full list of companies included in the Farmers Weekly Primary Sector Index and Farmers Weekly Agricultural Equity Index are attached. The indices are free float market capitalisation weighted indices. There is a cap of 15% on any one security in each index.
For a copy of the full methodology for the Farmers Weekly Primary Sector and Farmers Weekly Agricultural Equity Indices please email data@nzx.com.
Farmers Weekly Constituents (2 page, 26.8KB PDF)
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