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What are GICS codes?

April 26, 2017gics

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What are GICS codes?

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A.) The Global Industry Classification Standard (GICS) is a collaboration between Standard & Poor’s and Morgan Stanley Capital International. GICS codes correspond to various business or industrial activities, such as Oil & Gas Drilling or Wireless Telecommunication Services. GICS is based upon a classification of economic sectors, which can be further subdivided into a hierarchy of industry groups, industries and sub-industries.