Result of an agreement between FIESP and B3, the INDX was developed to measure the performance of the most representative companies of the industrial sector, an important segment of Brazilian economy. Its theoretical portfolio is composed by the industry most representative stocks, which are selected among B3’s most actively traded securities.
The indices compiled by B3 adopt concepts and practices set forth in the Concepts and Practices Manual for B3 Indices.
The INDX is designed to track changes in the prices of the more actively traded and better representative industrials stocks, so as to gauge average stock performance specific to the industrials sector.
The INDX is a total return index (see the Concepts and Practices Manual for B3 Indices).
The INDX is composed exclusively of shares and units representing shares of B3-listed issuers that meet the inclusion criteria set forth below.
The index universe excludes Brazilian Depositary Receipts (BDRs) and shares of issuers under judicial or extrajudicial reorganization, government- or court-ordered administration or intervention, as well as shares otherwise designated to be under exceptional trading status (see the Concepts and Practices Manual for B3 Indices).