UK Stockmarket Sector Correlations (Oct 00 - Sep 03)
Elec
trcy
 
Electricity Food
Prod
53
Real
Esta
48
Heal
th__
47
Toba
cco_
46
Oil_
Gas_
46
Cnst
ruct
42
Bank
s___
42
Food
Retl
40
Mini
ng__
39
Bevr
ages
39
Supp
Serv
35
Trns
port
33
Leis
ure_
33
Genl
Retl
33
Life
Assu
30
Chem
ical
29
Engi
nrng
25
Insu
rnce
23
Spec
Finl
20
Medi
a___
19
Phrm
aceu
16
Auto
mobl
15
Elec
Eqip
13
Tele
comm
-10




Toba
cco_
 
Tobacco Elec
trcy
46
Real
Esta
40
Oil_
Gas_
40
Cnst
ruct
40
Food
Retl
33
Food
Prod
32
Bevr
ages
32
Bank
s___
27
Mini
ng__
23
Genl
Retl
23
Heal
th__
21
Leis
ure_
17
Auto
mobl
14
Trns
port
13
Life
Assu
13
Chem
ical
12
Supp
Serv
10
Insu
rnce
10
Engi
nrng
9
Medi
a___
7
Spec
Finl
2
Elec
Eqip
-5
Tele
comm
-8
Phrm
aceu
-11




Food
Retl
 
Food Retailers Bevr
ages
63
Phrm
aceu
61
Food
Prod
55
Genl
Retl
47
Cnst
ruct
45
Insu
rnce
41
Elec
trcy
40
Life
Assu
39
Trns
port
38
Supp
Serv
37
Real
Esta
37
Heal
th__
36
Chem
ical
36
Engi
nrng
35
Toba
cco_
33
Leis
ure_
31
Bank
s___
31
Auto
mobl
26
Medi
a___
21
Mini
ng__
19
Oil_
Gas_
17
Elec
Eqip
16
Spec
Finl
11
Tele
comm
-10




Phrm
aceu
 
Pharmaceuticals Food
Retl
61
Genl
Retl
42
Life
Assu
37
Bevr
ages
34
Food
Prod
31
Heal
th__
30
Supp
Serv
27
Trns
port
23
Insu
rnce
21
Real
Esta
17
Elec
trcy
16
Chem
ical
16
Leis
ure_
13
Bank
s___
13
Cnst
ruct
12
Medi
a___
11
Engi
nrng
11
Oil_
Gas_
6
Spec
Finl
5
Mini
ng__
3
Tele
comm
0
Auto
mobl
0
Elec
Eqip
-2
Toba
cco_
-11




Food
Prod
 
Food Producers Bevr
ages
65
Genl
Retl
56
Food
Retl
55
Elec
trcy
53
Life
Assu
52
Chem
ical
50
Cnst
ruct
45
Trns
port
43
Insu
rnce
36
Real
Esta
35
Toba
cco_
32
Heal
th__
32
Phrm
aceu
31
Mini
ng__
28
Engi
nrng
28
Leis
ure_
27
Bank
s___
27
Supp
Serv
22
Elec
Eqip
17
Medi
a___
12
Auto
mobl
11
Oil_
Gas_
8
Spec
Finl
4
Tele
comm
-10




Bevr
ages
 
Beverages Food
Prod
65
Food
Retl
63
Cnst
ruct
45
Genl
Retl
43
Chem
ical
43
Elec
trcy
39
Phrm
aceu
34
Trns
port
33
Leis
ure_
33
Toba
cco_
32
Mini
ng__
31
Heal
th__
31
Engi
nrng
31
Supp
Serv
30
Insu
rnce
23
Life
Assu
19
Auto
mobl
18
Elec
Eqip
17
Real
Esta
14
Bank
s___
13
Oil_
Gas_
8
Spec
Finl
6
Medi
a___
4
Tele
comm
-30




Life
Assu
 
Life Assurance Chem
ical
71
Medi
a___
68
Insu
rnce
68
Genl
Retl
68
Trns
port
67
Cnst
ruct
63
Supp
Serv
62
Engi
nrng
61
Real
Esta
60
Bank
s___
60
Spec
Finl
59
Heal
th__
59
Leis
ure_
56
Elec
Eqip
55
Food
Prod
52
Tele
comm
50
Mini
ng__
46
Oil_
Gas_
43
Food
Retl
39
Phrm
aceu
37
Auto
mobl
37
Elec
trcy
30
Bevr
ages
19
Toba
cco_
13




Insu
rnce
 
Insurarance Medi
a___
76
Engi
nrng
72
Life
Assu
68
Chem
ical
67
Elec
Eqip
64
Spec
Finl
61
Supp
Serv
59
Leis
ure_
58
Trns
port
57
Genl
Retl
54
Bank
s___
54
Cnst
ruct
52
Real
Esta
51
Tele
comm
44
Mini
ng__
41
Food
Retl
41
Food
Prod
36
Heal
th__
32
Auto
mobl
32
Oil_
Gas_
30
Elec
trcy
23
Bevr
ages
23
Phrm
aceu
21
Toba
cco_
10




Trns
port
 
Transport Engi
nrng
76
Leis
ure_
74
Genl
Retl
69
Cnst
ruct
69
Spec
Finl
68
Auto
mobl
68
Supp
Serv
67
Life
Assu
67
Medi
a___
65
Chem
ical
65
Elec
Eqip
62
Real
Esta
60
Insu
rnce
57
Heal
th__
54
Mini
ng__
53
Oil_
Gas_
50
Food
Prod
43
Bank
s___
40
Food
Retl
38
Tele
comm
33
Elec
trcy
33
Bevr
ages
33
Phrm
aceu
23
Toba
cco_
13




Genl
Retl
 
General Retailers Leis
ure_
71
Trns
port
69
Engi
nrng
69
Cnst
ruct
69
Life
Assu
68
Chem
ical
67
Real
Esta
65
Mini
ng__
63
Heal
th__
58
Elec
Eqip
57
Food
Prod
56
Supp
Serv
55
Spec
Finl
55
Medi
a___
54
Insu
rnce
54
Food
Retl
47
Bank
s___
47
Bevr
ages
43
Phrm
aceu
42
Auto
mobl
39
Elec
trcy
33
Oil_
Gas_
32
Toba
cco_
23
Tele
comm
20




Heal
th__
 
Health Supp
Serv
74
Spec
Finl
66
Medi
a___
65
Mini
ng__
61
Leis
ure_
61
Cnst
ruct
61
Chem
ical
61
Life
Assu
59
Elec
Eqip
59
Genl
Retl
58
Engi
nrng
56
Trns
port
54
Oil_
Gas_
53
Auto
mobl
50
Elec
trcy
47
Bank
s___
47
Real
Esta
39
Food
Retl
36
Tele
comm
32
Insu
rnce
32
Food
Prod
32
Bevr
ages
31
Phrm
aceu
30
Toba
cco_
21




Mini
ng__
 
Mining Cnst
ruct
69
Leis
ure_
67
Chem
ical
67
Spec
Finl
64
Genl
Retl
63
Supp
Serv
61
Heal
th__
61
Engi
nrng
61
Medi
a___
59
Oil_
Gas_
56
Elec
Eqip
54
Trns
port
53
Real
Esta
52
Life
Assu
46
Bank
s___
46
Auto
mobl
45
Insu
rnce
41
Elec
trcy
39
Tele
comm
31
Bevr
ages
31
Food
Prod
28
Toba
cco_
23
Food
Retl
19
Phrm
aceu
3




Oil_
Gas_
 
Oil and Gas Supp
Serv
58
Real
Esta
56
Mini
ng__
56
Medi
a___
54
Cnst
ruct
54
Heal
th__
53
Auto
mobl
53
Trns
port
50
Spec
Finl
50
Engi
nrng
50
Elec
trcy
46
Leis
ure_
45
Life
Assu
43
Bank
s___
41
Toba
cco_
40
Tele
comm
36
Elec
Eqip
34
Chem
ical
34
Genl
Retl
32
Insu
rnce
30
Food
Retl
17
Food
Prod
8
Bevr
ages
8
Phrm
aceu
6




Real
Esta
 
Real Estate Cnst
ruct
66
Genl
Retl
65
Leis
ure_
64
Trns
port
60
Life
Assu
60
Engi
nrng
60
Oil_
Gas_
56
Bank
s___
56
Chem
ical
54
Mini
ng__
52
Medi
a___
52
Insu
rnce
51
Supp
Serv
50
Elec
Eqip
50
Spec
Finl
49
Elec
trcy
48
Toba
cco_
40
Heal
th__
39
Auto
mobl
38
Food
Retl
37
Food
Prod
35
Phrm
aceu
17
Tele
comm
16
Bevr
ages
14




Bank
s___
 
Banks Medi
a___
62
Life
Assu
60
Spec
Finl
57
Real
Esta
56
Supp
Serv
54
Insu
rnce
54
Cnst
ruct
53
Leis
ure_
50
Tele
comm
48
Engi
nrng
48
Heal
th__
47
Genl
Retl
47
Mini
ng__
46
Elec
Eqip
46
Elec
trcy
42
Oil_
Gas_
41
Chem
ical
41
Trns
port
40
Auto
mobl
39
Food
Retl
31
Toba
cco_
27
Food
Prod
27
Phrm
aceu
13
Bevr
ages
13




Leis
ure_
 
Leisure Engi
nrng
83
Spec
Finl
77
Cnst
ruct
76
Trns
port
74
Medi
a___
72
Genl
Retl
71
Elec
Eqip
70
Supp
Serv
68
Mini
ng__
67
Real
Esta
64
Heal
th__
61
Chem
ical
61
Insu
rnce
58
Life
Assu
56
Bank
s___
50
Auto
mobl
50
Oil_
Gas_
45
Elec
trcy
33
Bevr
ages
33
Food
Retl
31
Food
Prod
27
Tele
comm
20
Toba
cco_
17
Phrm
aceu
13




Auto
mobl
 
Automobiles Trns
port
68
Engi
nrng
66
Cnst
ruct
61
Supp
Serv
57
Medi
a___
57
Elec
Eqip
56
Spec
Finl
55
Oil_
Gas_
53
Leis
ure_
50
Heal
th__
50
Chem
ical
49
Mini
ng__
45
Genl
Retl
39
Bank
s___
39
Real
Esta
38
Life
Assu
37
Tele
comm
32
Insu
rnce
32
Food
Retl
26
Bevr
ages
18
Elec
trcy
15
Toba
cco_
14
Food
Prod
11
Phrm
aceu
0




Cnst
ruct
 
Construction Leis
ure_
76
Engi
nrng
76
Chem
ical
70
Trns
port
69
Mini
ng__
69
Genl
Retl
69
Supp
Serv
68
Real
Esta
66
Life
Assu
63
Heal
th__
61
Auto
mobl
61
Medi
a___
60
Spec
Finl
58
Elec
Eqip
56
Oil_
Gas_
54
Bank
s___
53
Insu
rnce
52
Food
Prod
45
Food
Retl
45
Bevr
ages
45
Elec
trcy
42
Toba
cco_
40
Tele
comm
18
Phrm
aceu
12




Engi
nrng
 
Engineering Leis
ure_
83
Medi
a___
81
Elec
Eqip
80
Chem
ical
78
Spec
Finl
77
Trns
port
76
Supp
Serv
76
Cnst
ruct
76
Insu
rnce
72
Genl
Retl
69
Auto
mobl
66
Mini
ng__
61
Life
Assu
61
Real
Esta
60
Heal
th__
56
Oil_
Gas_
50
Bank
s___
48
Food
Retl
35
Tele
comm
33
Bevr
ages
31
Food
Prod
28
Elec
trcy
25
Phrm
aceu
11
Toba
cco_
9




Chem
ical
 
Chemicals Engi
nrng
78
Supp
Serv
71
Medi
a___
71
Life
Assu
71
Cnst
ruct
70
Mini
ng__
67
Insu
rnce
67
Genl
Retl
67
Elec
Eqip
67
Trns
port
65
Spec
Finl
61
Leis
ure_
61
Heal
th__
61
Real
Esta
54
Food
Prod
50
Auto
mobl
49
Bevr
ages
43
Bank
s___
41
Food
Retl
36
Oil_
Gas_
34
Tele
comm
30
Elec
trcy
29
Phrm
aceu
16
Toba
cco_
12




Tele
comm
 
Telecommunications Spec
Finl
68
Medi
a___
66
Supp
Serv
51
Life
Assu
50
Bank
s___
48
Elec
Eqip
45
Insu
rnce
44
Oil_
Gas_
36
Trns
port
33
Engi
nrng
33
Heal
th__
32
Auto
mobl
32
Mini
ng__
31
Chem
ical
30
Leis
ure_
20
Genl
Retl
20
Cnst
ruct
18
Real
Esta
16
Phrm
aceu
0
Toba
cco_
-8
Food
Prod
-10
Food
Retl
-10
Elec
trcy
-10
Bevr
ages
-30




Medi
a___
 
Media Spec
Finl
87
Engi
nrng
81
Supp
Serv
78
Elec
Eqip
77
Insu
rnce
76
Leis
ure_
72
Chem
ical
71
Life
Assu
68
Tele
comm
66
Trns
port
65
Heal
th__
65
Bank
s___
62
Cnst
ruct
60
Mini
ng__
59
Auto
mobl
57
Oil_
Gas_
54
Genl
Retl
54
Real
Esta
52
Food
Retl
21
Elec
trcy
19
Food
Prod
12
Phrm
aceu
11
Toba
cco_
7
Bevr
ages
4




Elec
Eqip
 
Electrical Equipment Engi
nrng
80
Spec
Finl
79
Medi
a___
77
Leis
ure_
70
Supp
Serv
69
Chem
ical
67
Insu
rnce
64
Trns
port
62
Heal
th__
59
Genl
Retl
57
Cnst
ruct
56
Auto
mobl
56
Life
Assu
55
Mini
ng__
54
Real
Esta
50
Bank
s___
46
Tele
comm
45
Oil_
Gas_
34
Food
Prod
17
Bevr
ages
17
Food
Retl
16
Elec
trcy
13
Phrm
aceu
-2
Toba
cco_
-5




Supp
Serv
 
Support Services Spec
Finl
81
Medi
a___
78
Engi
nrng
76
Heal
th__
74
Chem
ical
71
Elec
Eqip
69
Leis
ure_
68
Cnst
ruct
68
Trns
port
67
Life
Assu
62
Mini
ng__
61
Insu
rnce
59
Oil_
Gas_
58
Auto
mobl
57
Genl
Retl
55
Bank
s___
54
Tele
comm
51
Real
Esta
50
Food
Retl
37
Elec
trcy
35
Bevr
ages
30
Phrm
aceu
27
Food
Prod
22
Toba
cco_
10




Spec
Finl
 
Speciality Financials Medi
a___
87
Supp
Serv
81
Elec
Eqip
79
Leis
ure_
77
Engi
nrng
77
Trns
port
68
Tele
comm
68
Heal
th__
66
Mini
ng__
64
Insu
rnce
61
Chem
ical
61
Life
Assu
59
Cnst
ruct
58
Bank
s___
57
Genl
Retl
55
Auto
mobl
55
Oil_
Gas_
50
Real
Esta
49
Elec
trcy
20
Food
Retl
11
Bevr
ages
6
Phrm
aceu
5
Food
Prod
4
Toba
cco_
2