STOXX Europe 50
The STOXX Europe 50 is a share index of the 50 largest European companies.
Calculation
Among all European indices, the STOXX Europe 50 has become one of the leading barometers of Europe. It is calculated from both a price index (ISIN EU0009658160 ) and a Performance Index ( ISIN EU0009658178 ). Convention is that under the colloquial name STOXX Europe 50, the price index is understood. Unlike, for example, the German stock index DAX in which, typically from the performance index is the speech.
In the performance index the dividends are reinvested, while they disregarded the price index. The index composition is reviewed annually in September. The selection criterion is based on the market capitalization of the free float with a weighting cap of 10 percent. The calculation is updated during the STOXX Ltd. trading hours 9:00 to 17:30 CET every second. In addition to the STOXX Europe 50, which includes companies from all over Europe, there is also the EURO STOXX 50, but which only consists of the 50 largest companies in the euro zone.
History
Historical Overview
The stock index was introduced on 26 February 1998 under the name Dow Jones STOXX 50. The index base is at 1,000.00 points on 31 December 1991. A back calculation was carried out to the year 1986. On March 1, 2010 it was renamed the STOXX Europe 50, in order to reflect the new ownership structure. In December 2009, the German Stock Exchange and the SIX Group acquired the stake in STOXX Ltd.. , Which was previously held by Dow Jones & Company. Since then, the index of the STOXX Ltd. will. performed in Zurich.
Milestones in the development of the STOXX 50 was January 3, 1990, when the index first closed above the 1,000 -point mark and February 5, 1997, when he finished trading for the first time on the border of 2,000 points. In the following years the index marked another record levels. On February 26, 1998, the STOXX 50 closed for the first time on the 3,000 -point mark, and on 9 November 1999 for the first time on the border of 4,000 points. About the 5,000-point mark for the first time the share index ended trading on March 2, 2000.
On 2 May 2000, the STOXX 50 with a closing level of 5183.24 points, an all time high. After the bursting of the speculative bubble in the technology sector ( dot-com bubble ), the index fell to a low of 1909.05 points to 12 March 2003. That was a decline since March 2000 by 63.2 percent. March 12, 2003 marks the end of the descent. As of spring 2003, the STOXX 50 began to rise again. Until 16 July 2007, the stock index rose to a closing level of 3998.93 points.
In the course of the international financial crisis in the U.S. real estate crisis originated in the summer of 2007, the STOXX 50 began to fall again. On 17 March 2008, the index closed back below the limit of 3,000 points and on 20 November 2008 under the 2,000 -point mark. A new low was achieved by the STOXX 50 on March 9, 2009, when he finished trading with 1614.75 points. Since July 16, 2007, this represents a decrease of 69.6 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 February 17, 2011, he rose by 71.5 percent to a closing level of 2768.65 points.
The slowdown in the global economy and the intensification of the euro crisis led to a fall in the index. On 22 September 2011, the STOXX Europe 50 ended the day at 2028.03 points. The loss since February 17, 2011 is 26.8 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 January 9, 2013, the index closed at 2659.71 points, up by 31.2 per cent as on September 22, 2011.
Highs
The overview shows the all-time highs of the STOXX Europe 50 as a price index ( excluding dividends ) and as a performance index ( with dividends).
Milestones
The table shows the milestones of the back-calculated to 1986, STOXX Europe 50
Annual development
The table shows the development of the back-calculated to 1986, STOXX Europe 50
Composition
The STOXX Europe 50 consists of the following 50 companies (as of: January 31, 2014).