Eurostoxx 50 Index
The Eurostoxx 50 index is a stock price index of the Eurozone designed by STOXX, a German index provider. This index consists of 50 stocks from 11 Eurozone countries. The Eurostoxx 50 is created by selecting 50 prominent companies listed on the stock exchanges of these 11 Eurozone nations. It is composed of leading companies from various sectors. As a result, it is predominantly composed of large-cap stocks, offering stability. However, similar to the Dow Jones Index, due to its limited number of 50 stocks, it can experience significant volatility. The Eurostoxx 50 Index serves as a foundation for a wide range of investment products, including ETFs, futures, options, and derivatives, in financial institutions.
The index has high volatility due to its limited number of components, but it also represents Europe to a corresponding extent. Therefore, it is an index that can immediately receive signals based on the current situation in Europe.
What is the Eurostoxx 50 Index composed of?
As of May 2021, the number of companies in Eurostoxx 50 by country is as follows:
Germany: 15
France: 15
Netherlands: 8
Spain: 4
Italy: 3
Ireland: 3
Belgium: 1
Finland: 1
Total: 50