Profile
The TSE Chemicals Sector Index is one of the 33 sector indices in the Tokyo Stock Exchange's traditional industry classification system. This index represents companies in the chemical industry listed on the Tokyo Stock Exchange. The sector primarily consists of companies focused on materials and those affected by international market conditions. It includes a mix of companies oriented towards both domestic and foreign demand. Many companies in this sector are influenced by crude oil prices, which serve as a key raw material. Along with steel, machinery, and shipping, the chemicals sector is considered one of the primary cyclical industries, sensitive to economic fluctuations.