EURO STOXX 50
EURO STOXX 50 | |
---|---|
base data | |
Country | Eurozone |
Stock exchange | STOXX Ltd. |
ISIN | EU0009658145 |
WKN | 965814 |
symbol | SX5E |
RIC | ^ STOXX50E |
Bloomberg code | SX5E <INDEX> |
category | Stock index |
Type | Price index |
family | EURO STOXX |
The EURO STOXX 50 is an equity index made up of 50 large, listed companies in the euro area . It is considered to be one of the leading stock market barometers in Europe. It must be distinguished from the STOXX Europe 50 , which also includes European companies outside the euro zone.
calculation
Both a price index ( ISIN EU0009658145) and a performance index (ISIN EU0009658152) are calculated. The convention is that the Euro Stoxx 50 is understood to be the price index in which dividends are not taken into account, without adding a name . This is different from the German DAX share index , which is usually referred to as the performance index .
The index composition is reviewed annually in September. The selection criterion is the market capitalization in relation to the free float . The weighting of the individual values is capped at 10 percent. The calculation will be made during the STOXX-Ltd. - Trading time updated every second from 9:00 a.m. to 5:30 p.m. CET .
history
Historical overview
The EURO STOXX 50 was introduced on February 26, 1988 and is managed by STOXX Ltd. in Zurich. STOXX Ltd. is a Deutsche Börse company . On December 31, 1991, 1000 points were chosen as the index base. A backward calculation was carried out up to December 31, 1986.
Milestones in the development of the EURO STOXX 50 were August 1, 1989, when the index closed above the 1000 point mark for the first time, and January 23, 1997, when it ended trading for the first time above the 2000 point mark. In the following years the index marked further record levels. On March 16, 1998, the EURO STOXX 50 closed above the 3,000 point mark for the first time and on November 5, 1999 for the first time above the 4,000 point mark. The share index ended trading for the first time on February 3, 2000 above the 5000 point mark.
On March 6, 2000, the European benchmark index marked an all-time high with a closing level of 5464.43 points. After the speculative bubble in the technology sector ( dot-com bubble ) burst , the index fell to a low of 1849.64 points by March 12, 2003. That was a decrease of 66.2 percent since March 2000. March 12, 2003 means the end of the downward slide. From spring 2003 the EURO STOXX 50 began to rise again. By July 16, 2007, the share index rose to a closing level of 4557.57 points.
In the course of the international financial crisis , which had its origin in the US real estate crisis in summer 2007, the EURO STOXX 50 began to decline again. On October 6, 2008 the index closed again below the 3000 point mark and on February 23, 2009 below the 2000 point mark. The EURO STOXX 50 hit a new low on March 9, 2009, when it ended trading at 1809.98 points. Since July 16, 2007 this corresponds to a decrease of 60.3 percent. March 9, 2009 marks the turning point of the downward trend. From spring 2009 the index was on the way up again. By February 18, 2011, it rose by 69.5 percent to a closing level of 3,068.00 points.
The weakening of the global economy and the worsening of the euro crisis led to a slump in the European benchmark index. On September 12, 2011, the EURO STOXX 50 closed trading at 1995.01 points. The loss since February 18, 2011 is 35.0 percent. The announcement of new bond purchase programs by the European Central Bank and the US Federal Reserve , which are basically unlimited, led to a recovery in prices on the stock market. The monetary stimulus played a bigger role in price formation than the global economic slowdown and the state of companies. On January 11, 2013, the index closed at 2717.79 points, 36.2 percent higher than on September 12, 2011. By the outbreak of the Cornona crisis in 2020, the price rose again to 3800 points.
Exchange-traded funds (ETF) on the EURO STOXX 50 are very common and are among the cheapest funds. In some cases, the annual fees are less than 0.1 percent.
Highs
The overview shows the all-time highs of the EURO STOXX 50 as a price index (without dividends) and as a performance index (with dividends).
Points | date | |
---|---|---|
Price index in the course of trading | 5495.18 | Monday March 6, 2000 |
Price index on a closing price basis | 5464.43 | Monday March 6, 2000 |
Performance index based on closing price | 8051.71 | Thursday 2nd January 2020 |
Milestones
The table shows the milestones of the EURO STOXX 50 calculated back to 1986.
First close over |
Final score in points |
date |
---|---|---|
1000 | 1006.38 | August 1, 1989 |
1500 | 1501.94 | December 14, 1995 |
2000 | 2000.68 | January 23, 1997 |
2500 | 2509.09 | 4th July 1997 |
3000 | 3029.49 | March 16, 1998 |
3500 | 3506.45 | July 3, 1998 |
4000 | 4014.08 | November 5, 1999 |
4500 | 4509.37 | December 7, 1999 |
5000 | 5046.12 | February 3, 2000 |
Annual development
The table shows the annual development of the EURO STOXX 50 (price index) calculated back to 1986.
year | Final score in points |
Change in points |
Change in% |
---|---|---|---|
1986 | 900.82 | ||
1987 | 648.13 | −252.69 | −28.05 |
1988 | 861.36 | 213.23 | 32.90 |
1989 | 1098.49 | 237.13 | 27.53 |
1990 | 858.72 | −239.77 | −21.83 |
1991 | 1000.00 | 141.28 | 16.45 |
1992 | 1033.51 | 33.51 | 3.35 |
1993 | 1433.34 | 399.83 | 38.69 |
1994 | 1320.59 | −112.75 | −7.87 |
1995 | 1506.82 | 186.23 | 14.10 |
1996 | 1850.32 | 343.50 | 22.80 |
1997 | 2531.99 | 681.67 | 36.84 |
1998 | 3342.32 | 810.33 | 32.00 |
1999 | 4904.46 | 1,562.14 | 46.74 |
2000 | 4772.39 | −132.07 | −2.69 |
2001 | 3806.13 | −966.26 | −20.25 |
2002 | 2386.41 | −1,419.72 | −37.30 |
2003 | 2760.66 | 374.25 | 15.68 |
2004 | 2951.01 | 190.35 | 6.90 |
2005 | 3578.93 | 627.92 | 21.27 |
2006 | 4119.94 | 541.01 | 15.12 |
2007 | 4399.72 | 279.78 | 6.79 |
2008 | 2451.48 | −1948.24 | −44.28 |
2009 | 2966.24 | 514.76 | 21.00 |
2010 | 2792.82 | −173.42 | −5.85 |
2011 | 2316.55 | −476.27 | −17.05 |
2012 | 2635.93 | 319.38 | 13.79 |
2013 | 3109.00 | 473.07 | 17.95 |
2014 | 3146.43 | 37.43 | 1.20 |
2015 | 3267.52 | 121.09 | 3.85 |
2016 | 3290.52 | 23.00 | 0.70 |
2017 | 3503.96 | 213.44 | 6.49 |
2018 | 3001.42 | −502.54 | −14.34 |
2019 | 3748.47 | 747.05 | 24.89 |
composition
As of August 15, 2019, the EURO STOXX 50 consisted of the following 50 companies:
Surname | Headquarters | Branch | Index weight in% |
---|---|---|---|
Adidas | Germany | Private and household goods | 1.98 |
Ahold Delhaize | Netherlands | retail trade | 0.92 |
Air Liquide | France | chemistry | 2.21 |
Airbus Group | France | Industrial goods and services | 2.79 |
alliance | Germany | Insurance | 3.46 |
Amadeus IT Group | Spain | technology | 1.15 |
Anheuser-Busch InBev | Belgium | Food and beverages | 2.30 |
ASML | Netherlands | technology | 4.16 |
AXA | France | Insurance | 1.94 |
Banco Bilbao Vizcaya Argentaria | Spain | Banks | 1.27 |
Banco Santander | Spain | Banks | 2.29 |
BASF | Germany | chemistry | 2.30 |
Bayer | Germany | health | 2.46 |
BMW | Germany | Automotive industry | 0.88 |
BNP Paribas | France | Banks | 2.28 |
Cement Roadstone Holding | Ireland | Construction industries and materials | 1.05 |
Daimler | Germany | Automotive industry | 1.55 |
Danone | France | Food and beverages | 1.78 |
German Stock Exchange | Germany | Exchanges | 0.99 |
German postal service | Germany | Industrial goods and services | 1.25 |
Deutsche Telekom | Germany | telecommunications | 1.77 |
Enel | Italy | Supplier | 2.07 |
Engie | France | Supplier | 1.01 |
Eni | Italy | oil and gas | 1.31 |
EssilorLuxottica | France | health | 1.51 |
Fresenius | Germany | health | 0.76 |
Iberdrola | Spain | Supplier | 1.99 |
Inditex | Spain | retail trade | 1.29 |
ING Group | Netherlands | Banks | 1.57 |
Intesa Sanpaolo | Italy | Banks | 1.45 |
Kering | France | retail trade | 1.60 |
Linden tree | Ireland | chemistry | 3.90 |
L'Oréal | France | Private and household goods | 2.40 |
LVMH | France | Private and household goods | 4.05 |
Munich Re | Germany | Insurance | 1.42 |
Nokia | Finland | technology | 0.68 |
orange | France | telecommunications | 1.01 |
Philips | Netherlands | health | 1.47 |
saffron | France | Industrial goods and services | 1.87 |
Sanofi | France | health | 3.80 |
SAP | Germany | technology | 4.86 |
Schneider Electric | France | Industrial goods and services | 1.88 |
Siemens | Germany | Industrial goods and services | 3.49 |
Société Générale | France | Banks | 0.99 |
Telefónica | Spain | telecommunications | 1.12 |
Total | France | oil and gas | 4.83 |
Unilever | Netherlands | Private and household goods | 2.78 |
Vinci | France | Construction industries and materials | 2.03 |
Vivendi | France | media | 0.84 |
Volkswagen (advantages) | Germany | Automotive industry | 1.20 |
See also
Web links
Individual evidence
- ↑ EURO STOXX 50® INDEX . stoxx.com, factsheet, as of September 28, 2018, accessed on November 6, 2018 (PDF; English).
- ↑ Spiegel Online: Buying government bonds: Investors cheer Draghi's euro promise , July 26, 2012.
- ↑ Spiegel Online: ECB Council meeting: Draghi announces unlimited bond purchases , September 6, 2012.
- ^ Spiegel Online: Fed chief: Bernanke counts on the big flood of money , September 13, 2012.
- ↑ Spiegel Online: Bond purchase: US Federal Reserve starts new economic program , December 12, 2012.
- ↑ a b c STOXX Limited: EURO STOXX 50 from 1986
- ↑ Yahoo: EURO STOXX 50 from 2002 .
- ↑ STOXX Limited: EURO STOXX 50 TR from 1986 .
- ↑ boerse.de: Euro Stoxx 50 year closing prices . As of August 2019. Accessed August 15, 2019.
- ↑ STOXX Limited: Factsheet stoxx.com (PDF; 32 kB). As of February 2020. Accessed April 6, 2020.