OMX Helsinki 25

The OMX Helsinki 25 ( OMXH25, formerly HEX 25) is a Finnish stock index. It comprises the 25 largest companies on the OMX Helsinki Stock Exchange.

Calculation

The OMX Helsinki 25 is like the German stock index DAX is a performance index with dividends from the titles included in OMXH25 are reinvested in the index. About the composition decides the Finnish Securities and Exchange Commission. As the name suggests, has always been the OMXH25 comprises the 25 most traded stocks of the OMX Helsinki Stock Exchange as measured by the median of the daily trading volume on half-yearly basis. The calculation is updated every second while the OMX trading from 9:00 bis 17:30 clock clock CET.

The composition is reviewed on a semi - quarterly and the weight, the latter being carried out by market capitalization. A special feature of the index is its relatively restrictive cap limit at a level of 10 percent. This is to ensure that individual companies do not exert dominant influence. For this reason, large Finnish companies such as Nokia, the company Fortum and the insurance company Sampo are represented, with shares of 10 percent exactly.

History

20th century

The index was introduced on 4 March 1988 under the name HEX 25 with a base value of 500 points. In the following 13 months, the Finnish blue-chip index rose by 58.8 percent. On April 17, 1989, he ended trading at 794.03 points. During the recession of the early 1990s dropped the HEX 25 to January 9, 1991, closing at 321.95 points. The corresponding Since April 1989 a loss of 59.5 percent. After rising to 8 April 1991 to 467.40 points on the stock market barometer fell within the following 17 months by 57.6 percent. On 7 September 1992, the HEX ended 25 trading at 198.31 points.

On 14 February 1997, the first stock index closed above the 1,000 -point mark. On July 20, 1998, the stock market barometer ended trading at 1725.56 points. The gain since September 1992 is 770.1 percent. In the years 1997 and 1998 occurred in parts of the world financial, monetary and economic crises ( Asian crisis, the Russian crisis, Brazil crisis). Due to the crisis, investors in Finland had become nervous and there was an increased outflow of capital. On 8 October 1998 the HEX 25 to close at 1009.54 points. The loss since July 1998 is 41.5 percent.

Over the next three years the stock index returned numerous records. On October 28, 1999, he finished trading for the first time above the limit of 2,000 points and on 23 December 1999 for the first time over the 3,000 -point mark. On 6 March 2000, the Finnish blue-chip index closed at 3502.48 points at an all time high. The gain since October 1998 is 246.9 percent.

21st Century

After the bursting of the speculative bubble in the technology sector ( dot-com bubble ), the index fell to a low of 1093.37 points to 8 October 2002. That was a decline since March 2000 by 68.8 percent. It was the biggest downfall in the history of the index.

On 15 November 2004, the Stockholm Stock Exchange merged with the Helsinki Stock Exchange. In order to distinguish the key indices of both countries better, the Swedish OMX Stockholm 30 index and the Finnish HEX index was 25 renamed OMX Helsinki 25.

The October 8, 2002 marks the end of the descent. From the autumn of 2002, the OMXH25 began to rise again. Until 13 July 2007, he rose by 209.0 percent to a closing level of 3379.03 points. In the course of the international financial crisis in the U.S. real estate crisis originated in the summer of 2007, the OMXH25 began to fall again. On 29 September 2008, he graduated with 1967.84 points below the 2,000 -point mark. A new low for the stock index posted on March 9, 2009, when he finished trading at 1189.09 points. Since July 13, 2007, this represents a decrease of 64.8 percent.

The March 9, 2009 marked the turning point of the descent. From the spring of 2009, the index was back on the way up. Until 1 February 2011, he rose by 128.0 percent to a closing level of 2710.72 points. The slowdown in the global economy and the intensification of the euro crisis led to a fall in the index. On 4 October 2011 the OMX Helsinki 25 ended trading at 1758.65 points. The loss since February 1, 2011 amounted to 35.1 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 2327.39 points, up by 32.3 per cent as on October 4, 2011.

Highs

The overview shows the all-time highs of the OMX Helsinki 25

Milestones

The table shows the milestones of the OMX Helsinki 25

Annual development

The table shows the development of the OMX Helsinki 25 since 1988.

Composition

The OMX Helsinki 25 consists of the following companies (as of February 1, 2010).