AXYS Stockbroking - AXYS Indices

AXYS Indices

We developed our own liquidity-based equity indices (ALEX 20 and ALCAPEX 12) in 2013, to provide an alternate view on measuring market performance. The indices are managed in-house and reviewed on a quarterly basis by an Index Management Committee made up of independent and experienced economists, academics and investment advisors.


ALEX - 20


*Latest Update


  • Roshan Ramoly
  • Matthew Lamport
  • Imrith Ramtohul
  • Dr Streevarsen Narrainen
  • Constantin de Grivel
Index Factsheet Constituents


  • At the Quarterly Index Review held on 09-Jan-18, the ALEX-20 was remained unchanged
  • The eligible Universe of stocks for inclusion in ALEX indices remained steady at 24 in Jan-19 marked by APL's maiden eligibility whereas MOR became ineligible
  • The ALCAPEX-12 composition was also unaltered
  • Index Methods were updated in Aug-18 to have a better definition for "Investment Holdings"
  • ALCAPEX-12 weights were re-balanced in Apr-18 following the publication of 2017 GDP data
  • Index launched on Oct 8th 2013
Index Annoucement
Index Policies