Saiko 50

The Saiko 50 Index or more commonly called the Saiko Index or Saiko 50 is a freefloat-adjusted market capitalization-weighted stock market index in Oka. It is used to record and monitor daily changes of the largest companies of the Okataian Stock Exchange and is the main indicator of the overall market performance in Oka. These 50 constituent companies represent about 58% of the capitalization of the Okataian Stock Exchange

Saiko 50 was started on November 24, 1947, and is currently compiled and maintained by Saiko Indexes Company Limited, which is a wholly owned subsidiary of the Okataian Standards Financial Group, one of the largest banks registered and listed in Oka in terms of market capitalisation.

=Classification=

Saiko Industry Classification System (formerly called Saiko Stock Classification System) is a comprehensive system designed for the Okataian Stock Exchange by the Okataian Standards Financial Group. It reflects the stock performance in different sectors. It caters for the unique characteristics of the Okataian stock market and maintains the international compatibility with a mapping to international industry classification

General classification guidelines:

i) The sales revenue arising from each business area of a company is the primary parameter of stock classification. Profit or assets will also be taken into consideration where these better reflects the company's business.

ii) A company will be classified into different sectors according to its majority source of sales revenue(or profit or assets if relevant).

iii) Re-classification of a stock's Industry Sector will occur once the company's business has undergone a major change, such as, substantial merger or acquisition.

Industry sectors:


 * Energy
 * Material
 * Industrial Goods
 * Consumer Goods
 * Services
 * Telecommunications
 * Utilities
 * Finance
 * w:Precision instruments
 * Properties & Construction
 * Information Technology
 * Conglomerates & Holdings

=Components=

As of July 2017, the Saiko 50 consists of the following companies:

Saiko Finance Sub-index (8)

 * OKX:189 - Okataian Standards Financial Group
 * OKX:330 - Bank of Koun
 * OKX:152 - Bank of Oka Holdings
 * OKX:520 - Kinji Banking Group
 * OKX:520 - Seeichi Financial Group
 * OKX:489 - Joyoo Finances
 * OKX:225 - KKBC Bank
 * OKX:987 - Pixel Banking Group

Saiko Utilities Sub-index (6)

 * OKX:256 - EMPLEO Energy Group
 * OKX:587 - Millenium Okataian Energy Group
 * OKX:089 - Okataian Ressources Group
 * OKX:026 - Power Assets Holdings
 * OKX:026 - Golden Sun Energy Group
 * OKX:026 - Daiko Infrastructure Group

Saiko Properties Sub-index (8)

 * OKX:154 - Jade International Holdings
 * OKX:650 - Watson Properties
 * OKX:645 - Eclipse Land & Investment
 * OKX:486 - Lucky Star Properties
 * OKX:149 - The Pearl Real Estate
 * OKX:158 - Dragon International Holdings
 * OKX:158 - Rising Sun Holdings
 * OKX:158 - Palm Okataian Properties

Saiko Commerce & Industry Sub-index (28)

 * OKX:122 - Sundao Group
 * OKX:425 - Triumph International Holdings
 * OKX:325 - Oda Group
 * OKX:295 - Koosei Pharmaceutical Holdings
 * OKX:022 - Oriental Okataian Holdings
 * OKX:178 - Orchid Holdings
 * OKX:687 - Kanko Food & Beverages Holdings
 * OKX:350 - Yoobei International Holdings
 * OKX:408 - POCCO Malls & Retail
 * OKX:314 - One World Retail Group
 * OKX:176 - Keida Retail Group
 * OKX:627 - Global Navigations
 * OKX:188 - Anyei Motors
 * OKX:756 - Mangooo
 * OKX:123 - Seishoo Pharma
 * OKX:017 - Zenith E-commerce group
 * OKX:755 - Zenith E-commerce group
 * OKX:999 - Core Electronics Company
 * OKX:175 - Nightsun Microsystems
 * OKX:715 - Heritage Fashion & Textiles Holdings
 * OKX:294 - Heart Foods Group
 * OKX:474 - Orient's Best Food Holding
 * OKX:114 - Fujisoft
 * OKX:864 - Orc Digital Solutions
 * OKX:428 - Noro electronics Group
 * OKX:969 - Globepoint Holdings
 * OKX:164 - Chatan Industries
 * OKX:310 - Oyster Industries