The OMX Iceland 6 is a stock market index

Stock market index

A stock market index is a method of measuring a section of the stock market. Many indices are cited by news or financial services firms and are used as benchmarks, to measure the performance of portfolios such as mutual funds....

 consisting of the 6 companies listed on the OMX

OMX

OMX AB is a Swedish-Finnish financial services company, formed in 2003 through a merger between OM AB and HEX plc and is now a part of the NASDAQ OMX Group since February 2008.It has two divisions, OMX Exchanges, which operates eight stock exchanges mainly in the Nordic and Baltic...

 Iceland Stock Exchange

Iceland Stock Exchange

NASDAQ OMX Iceland or ICEX was established in 1985 as a joint venture of several banks and brokerage firms on the initiative of the central bank. Trading began in 1986 in Icelandic government bonds, and trading in equities began in 1990. Equities trading increased rapidly thereafter...

 with the highest market capitalization

Market capitalization

Market capitalization is a measurement of the value of the ownership interest that shareholders hold in a business enterprise. It is equal to the share price times the number of shares outstanding of a publicly traded company...

. It has been the benchmark index of the exchange since July 2009, when the OMX Iceland 15

OMX Iceland 15

The OMX Iceland 15 is a defunct stock market index which consisted of a maximum of 15 companies listed on the OMX Iceland Stock Exchange with the highest market capitalization. At the final official review of the index effective in January 2009, 12 companies made up the index, four of which were...

 was retired. It has been calculated daily since 31 December 2008, starting at 1,000 points. The index is price-weighted

Price-weighted

A price-weighted index is a stock market index where each constituent makes up a fraction of the index that is proportional to its price. For a stock market index this implies that stocks are included in proportions based on their quoted prices. A stock trading at $100 will thus be making up 10...

 index and the constituent companies are reviewed twice a year.

Composition

As of the index reshuffle effective 3 January 2011 the index consists of:

Company	GICS Global Industry Classification Standard The Global Industry Classification Standard is an industry taxonomy developed by MSCI and Standard & Poor's for use by the global financial community. The GICS structure consists of 10 sectors, 24 industry groups, 68 industries and 154 sub-industries into which S&P has categorized all major...  Sector	Ticker symbol	Index weighting (%)
Atlantic Airways Atlantic Airways Atlantic Airways is the national airline of the Faroe Islands, operating domestic helicopter services and international passenger services as well as search and rescue responsibilities from its base at Vágar Airport, on the Faroese island of Vágar...	airlines		0.05
Atlantic Petroleum Atlantic Petroleum (Faroe Islands) Atlantic Petroleum P/F is an oil and gas company situated in Faroe Islands. It participates in exploration on the Faroese Continental Shelf and offshore Ireland, and in exploration, appraisal and development in the United Kingdom's sector of the North Sea....	oil and gas exploration and production		0.67
BankNordik	regional banks		1.14
Icelandair Group Icelandair Group Icelandair Group hf is an Icelandic travel industry corporation, the owner of the airline Icelandair and numerous other travel industry companies...	airlines		5.36
Marel	industrial machinery		36.01
Össur Ossur Össur is a company making non-invasive orthopaedics. It makes and sells bracing and support products, compression therapy, and prosthetics. The company’s headquarters are in Reykjavík, Iceland. The company also has extensive operations in the Americas, Europe, and Asia, with numerous distributors...	health care equipment		56.77

External links

• Official OMX Iceland 6 composition