AEX index

The AEX index (Amsterdam Exchange index) is the share index of the stock exchange in Amsterdam, Netherlands which is calculated on the EUR Euronext Amsterdam.

Calculation

The AEX index is a price index. It includes up to 25 public companies that are traded on the Euronext Amsterdam Euros. The Index will be determined solely on the basis of share prices and adjusted only to income from subscription rights and special. The calculation is updated every second during the trading hours of 9:00 am bis 17:30 clock clock CET. The determination of the index constituents is based on criteria that include more international scale to the exceptions. Highlighted Pungent is the condition that in the year at a value at least 10 percent of the outstanding shares must be traded - a tribute to a very thin trading in many securities despite the high market capitalization.

The focus on liquidity and free float instead of the stock market value is further expressed that at least a quarter of the outstanding shares must be widely held. In determining the relevant weighting for the free float value a summary also takes place to classes: For float between 25 and 50, 50 and 75 as well as 75 and 100 percent, respectively, the upper class limit is taken as the weighting factor. Originally, it was decided at every third Friday in February about which remain public companies in the index and which are exchanged and whether the weighting of each title must be adjusted. Meanwhile, the changes will be made quarterly.

History

20th century

The Dutch blue-chip index was launched on March 4, 1983 under the name EOE index, named after the former European Options Exchange ( EOE ). It is defined so that the index would have adopted on 3 January 1983 to a value of 100 guilders ( converted into Euro 45,38 points). On October 19, 1987, the stock index suffered with 12.00 percent of the biggest daily loss in its history. Reason was Black Monday on the New York Stock Exchange, as the value of the Dow Jones Industrial Average plunged by 22.6 percent.

As a result, the volatility increased. On 26 October 1987, the index recorded a 9.27 per cent, the second highest daily loss and 1 November 1987, 11.83 percent of the biggest one-day gain. On 1 January 1994, the renaming of the EOE - index in AEX index was. On August 7, 1997, the stock index overcame the first time the 1,000 -point mark ( in €: 453,78 points).

On January 4, began in 1999 on the Amsterdam stock exchange trading in euros. For the conversion of the AEX on the European single currency, the Dutch stock exchange chose a special process. While all the other countries of the euro zone as adapting their index calculations that the index history preserved its continuity, the courses included in the AEX changed according to the time fixed rate of 2.20371 guilders for 1 euro. This corresponds to a division in the ratio 21:16. This all had to be also adapted to the leading index based products.

On 4 September 2000, the index marked with a final score of 701.56 points ( in euros ) an all time high.

21st Century

After the bursting of the speculative bubble in the technology sector ( dotcom bubble ) of the stock index fell to a low of 218.44 points to 12 March 2003. That was a decline since September 2000, by 68.9 percent. March 12, 2003 marks the end of the descent. From the spring of 2003, the AEX began to rise again. Until 16 July 2007, the stock index rose to a closing level of 561.90 points. Since the low in March 2003, the profit amounted to 157.2 percent.

In the course of the international financial crisis in the U.S. real estate crisis originated in the summer of 2007, the AEX began to fall again. On 11 July 2008, the index closed at 391.98 points under the limit of 400 points, and on 8 October 2008 with 285.66 points branded as 300 points. Between late 1998 and late 2008, the AEX index was after the Icelandic Stock Exchange ( -81.72 percent), with a loss of 45.68 per cent of the worst index in the world.

Due to the fear about the housing crisis increased volatility. On 6 October 2008, the Index posted a 9.27 percent the third biggest daily loss in its history. On 13 October 2008, the AEX scored 10.55 percent the second largest daily gain and on 24 November 2008 with 10.29 percent of the third- biggest one-day gain. A new low was achieved by the Index on March 9, 2009, when he finished trading with 199.25 points. Since July 16, 2007, this represents a decrease of 64.5 percent.

The March 9, 2009 marked the turning point of the descent. From the spring of 2009, the AEX was back on the way up. Until February 18, 2011, it rose by 87.8 percent to a closing level of 374.19 points. The slowdown in the global economy and the intensification of the euro crisis led to a fall in the Dutch benchmark index. On 22 September 2011, the AEX ended trading at 263.44 points. The loss since its peak on 18 February 2011 is 29.6 percent.

The announcement of new bond purchase programs of the European Central Bank and the U.S. Federal Reserve in principle unlimited extent led to a recovery of prices in the stock market. The monetary stimulus played a greater role in price formation, as the global economic slowdown and the position of the company. On 4 January 2013, the index closed at 351.73 points, up by 33.5 per cent as on September 22, 2011.

Highs

The overview shows the all-time highs of the AEX index.

Milestones

The table shows the milestones of the AEX index in euros.

The best days

The table shows the best days of the AEX index since 1983.

The worst day

The table shows the worst days of the AEX index since 1983.

Annual development

The table shows the annual performance of the AEX index since 1982.

Composition

The AEX sat down on 31 December 2013 of the following companies.