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What is the Euro Stoxx 50 Index?


The term 'Euro Stoxx 50 Index' is included in the Economics edition of the Financial Dictionary. Get yours now on mazon in ebook or paperback format. Read more here...

The Euro Stoxx 50 Index proves to be the leading European Blue-chip like index that comprises securities of mega companies from the Euro Zone. This index offers investors and financial institutions a vehicle for following and investing in the Blue chip type of sector leaders for the zone. It includes 50 stocks (as the name implies) drawn from 11 different Euro Zone member nations. These are economically important zone nations Spain, Portugal, the Netherlands, Luxembourg, Italy, Ireland, Germany, France, Finland, Belgium, and Austria.

This Euro Stoxx 50 Index has been licensed out to a wide range of financial institutions to be the basis of a great variety of investment products like ETF Exchange Traded Funds, Options on futures, Futures contracts, and structured products around the globe. Besides this master index of the Euro Stoxx 50 Index, it is subdivided into other indices. These include the following: Euro Stoxx 50 Subindex France, Euro Stoxx 50 Subindex Italy, and Euro Stoxx 50 subindex Spain which covers the national big 50 companies by market capitalization in each off the economic powerhouse countries of France, Italy, and Spain, respectively.

The operator of this important pan-Euro Zone Euro Stoxx 50 Index and business is the company STOXX Limited on behalf of Deutsche Boerse Group. They also offer international tradable and creative index concepts on other indices to numerous countries throughout the world. As of the end of June 2016, STOXX 50 and DAX have worked with iShares to create  and  offer two new exchange traded funds traded in Hong Kong. iShares exchange traded funds family are both managed and marketed by the BlackRock investment firm. They started trading these two new Euro STOXX 50 Index ETFs on the Hong Kong Stock Exchange at the conclusion of June 2016.

The components in the Euro Stoxx 50 Index are updated several times a year as appropriate to changing market capitalizations. As of the end of December 2016, the components included French firms oil and gas producer Total, health care and pharmaceuticals maker Sanofi, European and Global banking giant BNP Paribas, international insurance titan AXA, luxury personal household goods maker LVMH Moet, cosmetics international leader L’Oreal, chemical maker Air Liquide, industrial goods and services maker Schneider Electric, banking giant GRP Societe Generale, food and largest yogurt maker Danone Group, aircraft maker Airbus, construction materials producer Vinci, telecommunications provider Orange, industrial goods and services producer Safran, health care company Essilor International, construction and materials producer Saint Gobain, Real Estate company Unibail-Rodamco, Utilties giant Engie, and international media conglomerate Vivendi.

German components of the index were electronics and industrial goods giant Siemens, chemicals and pharmaceutical titan Bayer, leading technology firm SAP, chemicals international leader BASF, re-insurance leader Allianz, luxury car maker Daimler, telecommunications leader Deutsche Telekom, industrial goods and services provider Deutsche Post, healthcare leader Fresenius, luxury car maker BMW, insurance firm Muenchener Rueck, internationally known shoe and clothing manufacturer Adidas, utilities giant E.On, world’s largest auto maker Volkswagen, and largest German financial institution Deutsche Bank.

Spanish components in the index were international banking conglomerates BCO Santander and BCO Bilbao Vizcaya Argentaria, telecommunications international behemoth Telefonica, utilities leader Iberdrola, and retailer Industria de Diseno Textil SA.

Dutch companies in the index include electronics and industrial goods maker Philips, Anglo-Dutch consumer products giant UniLever, financial services investment leader ING, technology leader ASML Holdings, and retailer Ahold Delhaize.

Italian components of the index were oil and gas producer and distributor ENI, largest Italian bank Intesa SanPaolo, and national utility company ENEL. The Irish component is construction and materials maker CRH. The Belgian component is alcohol and food giant Anheuser-Busch InBev. The Finish component is technology and cell phone maker manufacturer Nokia.

The term 'Euro Stoxx 50 Index' is included in the Economics edition of the Financial Dictionary. You can get your copy on mazon in Kindle or Paperback version. See more details here.