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Euro Stoxx 50 Index
What is Euro Stoxx 50
The Euro Stoxx 50 is the index of stocks of the 50 largest companies of Eurozone working in various sectors of the economy. The Euro Stoxx 50 characterizes the state of the stock market of the European Union. The index is calculated by Stocks Ltd, the global provider of indices, which is owned by the Deutsche Boerse Group. The Euro Stoxx 50 is computed as a weighted average of value of prices of stocks of the 50 largest stock companies trading on the Eurex Exchange. The Euro Stoxx 50 index takes into account the volume of paid dividends as well.
The Euro Stoxx 50 index was first calculated on February 26, 1998 by the company Stocks in Zurich. The calculation occurs every 15 seconds 9.00 - 18.00 (CET) in EUR and USD, and the calculation in CAD, GBP and JPY takes place once per day18.00 (CET).
Euro Stoxx 50 Companies
The main part of the Euro Stoxx 50 index is form the companies of Germany and France. Some of the companies are:
- Carrefour,
- L'Oreal,
- Deutsche Bank,
- BMW Group,
- Volkswagen Group,
- Daimler AG,
- Orange S.A. and many others.
Besides, the index takes into account the stock prices of such giant companies, as:
- okia (Finland),
- Phillips (Netherlands),
- Eni (Italy),
- Airbus Group (European Union) and others.
The composition of the Euro Stoxx 50 index is reviewed annually in September.
Euro Stoxx 50 Futures
Investors consider index futures and options of the Euro Stoxx 50 as one of the most liquid products on the global financial market. With IFC Markets traders have an opportunity to trade Euro Stocks 50 Index, including 50 European companies, composed similar to the Euro Stoxx 50 (in standard composition and weights of separate issuers). This index is a synthetic continuous instrument (without date of expiration).