|
Index
|
1Q
|
2Q
|
3Q
|
4Q
|
YTD
Ending 12/31/04 |
|
The NASDAQ Composite |
-0.5%
|
2.7%
|
-7.4%
|
14.7%
|
8.6%
|
|
NASDAQ 100 Index |
-2.0%
|
5.4%
|
-6.9%
|
14.8%
|
10.4%
|
|
NASDAQ Financial - 100 |
3.1%
|
-1.9%
|
2.3%
|
8.9%
|
12.6%
|
|
NASDAQ Industrial |
4.0%
|
2.9%
|
-6.7%
|
16.0%
|
15.8%
|
|
NASDAQ Transportation |
-2.3%
|
11.6%
|
-1.4%
|
18.2%
|
27.1%
|
|
NASDAQ Bank |
1.7%
|
-1.3%
|
2.3%
|
8.1%
|
11.0%
|
|
NASDAQ Telecommunication |
0.2%
|
1.2%
|
-7.0%
|
14.6%
|
8.0%
|
|
NASDAQ Insurance |
7.2%
|
2.4%
|
-0.9%
|
10.1%
|
19.8%
|
|
NASDAQ Computer |
-5.1%
|
4.7%
|
-10.9%
|
16.6%
|
3.3%
|
|
NASDAQ Biotechnology |
7.5%
|
-2.4%
|
-5.9%
|
7.6%
|
6.1%
|
Market Data
- For the year ending 12/31/04, The NASDAQ composite closed at 2175.44, up 8.6%. With the 3rd quarter showing the greatest amount of weakness, only the financial sector showed positive gains. The NASDAQ Financial 100 Index and the NASDAQ Banking index both posted gains of 2.3%. This was followed by a very strong 4th quarter where the NASDAQ Composite and 6 NASDAQ sub indices posted double-digit gains.
- The NASDAQ Transportation Index posted the largest year-end gain of 27.1%, followed by the NASDAQ Insurance Index up 19.8% and the NASDAQ Industrial index up 15.8%.
- NASDAQ Average daily share volume for the 12 months ending 12/31/04 increased 7% to 1.8B. Total share volume for the comparable period increased 7% to 455.3 billion shares.
- Average daily dollar volume for the year ending 12/31/04 was $34.6B, up 24% from the year ending 12/31/03. Total dollar volume traded was up 24% to $8.8 trillion dollars.
- As of 12/31/04 NASDAQ's market value was 3.7 trillion, an increase of 25% for the comparable period of 12/31/03.
- Total average daily trades increased 30% to 3.8 million. Trades executed for the year ending 12/31/04 totaled 957.9B. Up 30% from the prior comparable period.
IPO's
- IPO's on NASDAQ for the year ending 12/31/04 increased 204% to 170. This was 65% of the 260 IPO's across all markets in 2004. Total capital raised by NASDAQ IPO's in 2004 was $19.6B.
- Table A shows a breakdown of NASDAQ IPO's by sector. Table B highlights the sector breakdown of the NASDAQ Stock Market.
TABLE A – NASDAQ IPO Breakdown by Sector
| Sector | Percent of Marketplace |
| Health Care | 28.2% |
| Financials | 23.5% |
| Information Technology | 23.5% |
| Consumer | 8.8% |
| Industrials | 8.2% |
| Telecommunucation Services | 4.7% |
| Energy | 2.9% |
TABLE B – NASDAQ Stock Market Breakdown
| Sector | Percent of Marketplace |
| Information Technology | 28.7% |
| Financials | 21.4% |
| Health Care | 17.4% |
| Consumer | 15.0% |
| Industrials | 10.2% |
| Materials | 2.4% |
| Telecommunucation Services | 2.3% |
| Energy | 2.3% |
Source: NASDAQ Market Intelligence Desk
New Listings
- NASDAQ listed 22 international companies raising over $4B in capital.
- Industrial Distribution Group Inc., formerly a NYSE-listed company voluntarily delisted and switched to NASDAQ in May 2004.
NASDAQ Products and Services
- Building off the success of the NASDAQ Closing Cross, in December, NASDAQ completed the launch of the NASDAQ Opening Cross by adding all NASDAQ-Listed securities to the Opening Cross. The Opening Cross is a centralized order facility that will provide market participants and investors with a highly transparent and accurate single opening price S&P, Dow, and Russell Investment Group used the NASDAQ Opening Cross for the expiration of options and futures.
- NASDAQ's Closing Cross was used to conduct the annual reconstitution of the Russell Investment Group's 21 U.S. stock indexes on June 25, 2004. Approximately 333 million shares were executed through the Closing Cross for 1637 Russell Index stocks equating to $5.3 billion in dollar volume for the Closing Cross on that day.
- In May 2004 The NASDAQ-100 Index Tracking Stock® (“QQQQSM” ) was extended into Mexico, becoming the first foreign Exchange Traded Fund (ETF) to trade in any Latin American country. The Q's also became available to Japanese investors in May, raising the number of QQQQ investors to more than one million.
- The NASDAQ Market CenterSM, a high capacity single trading platform for NASDAQ, NYSE and AMEX securities including ETFs, was launched in March 2004. The fully redundant platform offers trade execution and reporting for over 6,700 securities.
About NASDAQ's Market Intelligence Desk (MID)
NASDAQ's Market Intelligence Desk utilizes state-of-the-art technology to provide real-time monitoring that helps issuers track their company's stock minute-by-minute. The team is comprised of MID professionals from a variety of market backgrounds including: sell-side and buy-side trading, electronic and auction markets, equity research, portfolio management, and investment banking.
NASDAQ is the largest U.S. electronic stock market. With approximately 3,300 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks. For more information about NASDAQ, visit the NASDAQ Web site at http://www.nasdaq.com or the NASDAQ Newsroom at http://www.nasdaq.com/newsroom/
