STOXX Limited, a global index provider and creator of the leading European equity indices, today announced the launch of the EURO STOXX 50 Subindex France, EURO STOXX 50 Subindex Italy and EURO STOXX 50 Subindex 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 favored equity index, and valued worldwide for its rules based methodology, transparency and liquidity," said Hartmut Graf, chief executive officer, STOXX Ltd. "The new EURO STOXX 50 Country Subindices are derived from the EURO STOXX 50 Index, thus offering market participants the same benefits on a single country basis."
The EURO STOXX 50 Country Subindices follow the same methodology as the EURO STOXX 50 Index. They are weighted by float-adjusted market capitalization, calculated in EUR and US dollar, and are available in price, gross and net return versions. Daily history is available back to December 31, 2000. The indices are reviewed annually with the EURO STOXX 50 Index.
The EURO STOXX 50 Index was launched on February 28, 1998. It represents 50 supersector leaders in the 12 euro zone countries Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxemburg, the Netherlands, Portugal and Spain. The index captures approximately 60% of the free-float market capitalization of the EURO STOXX TMI Index.
For more information on the EURO STOXX 50 Country Subindices please visit www.stoxx.com.
