: SAGE: Bel-20 Index

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Bel-20 Index

The Bel-20 Index is a real-time (computed in principle every 15 seconds) basket of minimum 10 and maximum 20 stocks (listed on Euronext Brussels and meeting some specific criteria) that exhibits the highest free float adjusted market capitalization. The market capitalization is the public consensus on the value of a company's equity (computed by multiplying the share price by the number of shares outstanding) and the “free float” represents simply the percentage of the stocks that is freely tradable on the market. [Source: Encyclopedia of Business in Today's World; Bel-20 Index]

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