EURO STOXX 50

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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

EURO-STOXX-50-Index 1986–2012

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 GermanyGermany Germany Private and household goods 1.98
Ahold Delhaize NetherlandsNetherlands Netherlands retail trade 0.92
Air Liquide FranceFrance France chemistry 2.21
Airbus Group FranceFrance France Industrial goods and services 2.79
alliance GermanyGermany Germany Insurance 3.46
Amadeus IT Group SpainSpain Spain technology 1.15
Anheuser-Busch InBev BelgiumBelgium Belgium Food and beverages 2.30
ASML NetherlandsNetherlands Netherlands technology 4.16
AXA FranceFrance France Insurance 1.94
Banco Bilbao Vizcaya Argentaria SpainSpain Spain Banks 1.27
Banco Santander SpainSpain Spain Banks 2.29
BASF GermanyGermany Germany chemistry 2.30
Bayer GermanyGermany Germany health 2.46
BMW GermanyGermany Germany Automotive industry 0.88
BNP Paribas FranceFrance France Banks 2.28
Cement Roadstone Holding IrelandIreland Ireland Construction industries and materials 1.05
Daimler GermanyGermany Germany Automotive industry 1.55
Danone FranceFrance France Food and beverages 1.78
German Stock Exchange GermanyGermany Germany Exchanges 0.99
German postal service GermanyGermany Germany Industrial goods and services 1.25
Deutsche Telekom GermanyGermany Germany telecommunications 1.77
Enel ItalyItaly Italy Supplier 2.07
Engie FranceFrance France Supplier 1.01
Eni ItalyItaly Italy oil and gas 1.31
EssilorLuxottica FranceFrance France health 1.51
Fresenius GermanyGermany Germany health 0.76
Iberdrola SpainSpain Spain Supplier 1.99
Inditex SpainSpain Spain retail trade 1.29
ING Group NetherlandsNetherlands Netherlands Banks 1.57
Intesa Sanpaolo ItalyItaly Italy Banks 1.45
Kering FranceFrance France retail trade 1.60
Linden tree IrelandIreland Ireland chemistry 3.90
L'Oréal FranceFrance France Private and household goods 2.40
LVMH FranceFrance France Private and household goods 4.05
Munich Re GermanyGermany Germany Insurance 1.42
Nokia FinlandFinland Finland technology 0.68
orange FranceFrance France telecommunications 1.01
Philips NetherlandsNetherlands Netherlands health 1.47
saffron FranceFrance France Industrial goods and services 1.87
Sanofi FranceFrance France health 3.80
SAP GermanyGermany Germany technology 4.86
Schneider Electric FranceFrance France Industrial goods and services 1.88
Siemens GermanyGermany Germany Industrial goods and services 3.49
Société Générale FranceFrance France Banks 0.99
Telefónica SpainSpain Spain telecommunications 1.12
Total FranceFrance France oil and gas 4.83
Unilever NetherlandsNetherlands Netherlands Private and household goods 2.78
Vinci FranceFrance France Construction industries and materials 2.03
Vivendi FranceFrance France media 0.84
Volkswagen (advantages) GermanyGermany Germany Automotive industry 1.20

See also

Web links

Individual evidence

  1. ↑ EURO STOXX 50® INDEX . stoxx.com, factsheet, as of September 28, 2018, accessed on November 6, 2018 (PDF; English).
  2. ↑ Spiegel Online: Buying government bonds: Investors cheer Draghi's euro promise , July 26, 2012.
  3. ↑ Spiegel Online: ECB Council meeting: Draghi announces unlimited bond purchases , September 6, 2012.
  4. ^ Spiegel Online: Fed chief: Bernanke counts on the big flood of money , September 13, 2012.
  5. ↑ Spiegel Online: Bond purchase: US Federal Reserve starts new economic program , December 12, 2012.
  6. ↑ a b c STOXX Limited: EURO STOXX 50 from 1986
  7. ↑ Yahoo: EURO STOXX 50 from 2002 .
  8. ↑ STOXX Limited: EURO STOXX 50 TR from 1986 .
  9. ↑ boerse.de: Euro Stoxx 50 year closing prices . As of August 2019. Accessed August 15, 2019.
  10. ↑ STOXX Limited: Factsheet stoxx.com (PDF; 32 kB). As of February 2020. Accessed April 6, 2020.