Index provider Stoxx has launched the Euro Stoxx 50 Sub-index France, Euro Stoxx 50 Sub-index Italy and Euro Stoxx 50 Sub-index Spain.
The new country indices are subsets of the flagship Euro Stoxx 50 Index, representing all French, Italian and Spanish companies from the Euro Stoxx 50 Index, respectively.
“The Euro Stoxx 50 Index is Europe’s most favoured equity index, and valued worldwide for its rules based methodology, transparency and liquidity,” says Hartmut Graf, chief executive officer, Stoxx. “The new Euro Stoxx 50 Country Sub-indices are derived from the Euro Stoxx 50 Index, thus offering market participants the same benefits on a single country basis.”
The sub-indices follow the same methodology as the Euro Stoxx 50 Index. They are weighted by float-adjusted market capitalisation, calculated in EUR and US dollar, and are available in price, gross and net return versions. Daily history is available back to 31 December 2000. The indices are reviewed annually with the Euro Stoxx 50 Index.
The Euro Stoxx 50 Index represents 50 supersector leaders in the 12 eurozone countries Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxemburg, the Netherlands, Portugal and Spain.
