The second quarter of the year was brutal for all constituents in the FTSE Mondo Visione Exchanges Index, with all, except the TMX Group, being in negative territory.
The FTSE Mondo Visione Exchanges Index fell 11.4 percent in Q2 2012, against a 15.1 percent increase in Q1.
Germany’s Deutsche Boerse experienced one of the biggest losses over the first six months of 2012, experiencing a share price increase of 20.1 percent in Q1 and decrease by almost 20 percent in Q2.
The biggest winner in Q1 was the London Stock Exchange with a 33.7 percent increase in share price for the first three months of the year. The biggest winner in Q2 was Canada’s TMX Group with a 1.5 percent increase in share price.
The Index*, which aims to reflect market sentiment and is a key indicator of the exchanges’ performance, saw a six per cent increase in June 2012. This followed a major decrease in May which saw the Index drop by 11.4 percent – one of the biggest monthly decreases in the past year.
Commenting on the Index which closed up at 20,377.88 on 29 June 2012, Herbie Skeete, Managing Director, Mondo Visione and Co-founder of the Index said:
"In a period when successful mergers between exchanges have been as rare as the successful mating of giant pandas, we wait with interest for the outcome of the LME shareholders' meeting on 25 July. Shareholders of the 135-year old commodities exchange vote on the recommended GBP1.4bn cash offer by Hong Kong Exchanges and Clearing. Who knows; animal spirits may yet come back to the exchanges sector, after an absence of several years."
The FTSE Mondo Visione Exchanges Index best performer by capital returns in US dollars was Greece’s Hellenic Exchanges SA with a 31.4 per cent increase in share price from 31 May to 29 June 2012. The next best performer was Spain’s Bolsas y Mercados Espanoles with a 16.5 per cent increase over the same period.
The FTSE Mondo Visione Exchanges Index worst performer by capital returns in US dollars was Dubai Financial Market with no movement in share price from 31 May to 29 June 2012. This was followed by Hong Kong Exchanges and Clearing with a 0.4 per cent increase over the same period.
FTSE Mondo Visione Exchanges Index Monthly Analysis June 2012 – Including Quarterly Analysis
Monthly FTSE Mondo Visione Exchanges Index Performance (Capital Return, USD)
|
July 2010 |
6.1% |
|
August 2010 |
-6.1% |
|
September 2010 |
13.2% |
|
October 2010 |
7.5% |
|
November 2010 |
-3.7% |
|
December 2010 |
6.2% |
|
January 2011 |
-0.1% |
|
February 2011 |
1.4% |
|
March 2011 |
-1.4% |
|
April 2011 |
4.0% |
|
May 2011 |
-3.2% |
|
June 2011 |
-2.9% |
|
July 2011 |
-2.5% |
|
August 2011 |
-8.9% |
|
September 2011 |
-12.4% |
|
October 2011 |
13.5% |
|
November 2011 |
-4.5% |
|
December 2011 |
-3.8% |
|
January 2012 |
5.8% |
|
February 2012 |
11.1% |
|
March 2012 |
-2.1% |
|
April 2012 |
-5.7% |
|
May 2012 |
-11.4% |
|
June 2012 |
6.0% |
Background
*The FTSE Mondo Visione Exchanges Index is compiled by FTSE Group from data based on the share price performance of listed exchanges and trading platforms.
About FTSE Mondo Visione Exchanges Index
The FTSE Mondo Visione Exchanges Index, a joint venture between FTSE Group and Mondo Visione, was established in 2000.
It is the first Index in the world to focus on listed exchanges and other trading venues. The FTSE Mondo Visione Exchanges Index compares performance of individual exchanges and trading platforms and provides a reliable barometer of the health and performance of the exchange sector.
It enables investors to track 23 publicly listed exchanges and trading floors and focuses attention of the market on this important sector.
The FTSE Mondo Visione Exchanges Index includes all publicly traded stock exchanges and trading floors:
- Australian Securities Exchange Ltd
- BM&F Bovespa
- Bolsa Mexicana de Valores SA
- Bolsa y Mercado Espanoles
- Bursa de Valori Bucuresti SA
- Bursa Malaysia
- CBOE Holdings
- CME Group
- Deutsche Bourse
- Dubai Financial Market
- Hellenic Exchanges SA
- Hong Kong Exchanges and Clearing Ltd
- Intercontinental Exchange Inc
- Johannesburg Stock Exchange Ltd
- London Stock Exchange
- Multi Commodity Exchange of India
- NASDAQ OMX Group
- New Zealand Exchange Ltd
- NYSE Euronext
- Philippine Stock Exchange
- Singapore Exchange Ltd
- TMX Group
- Warsaw Stock Exchange
About Mondo Visione
Mondo Visione is the leading source of insight and knowledge about the world’s exchanges and trading venues. Since 1991, Mondo Visione has provided those who operate and invest in the global markets with fast, reliable information, delivered in print and online. The company also organises conferences and events where market professionals can share ideas and experience with their peers, regulators, system providers, academics and journalists.
Mondo Visione publishes the industry-standard Handbook of World Stock, Derivative and Commodity Exchanges, which provides trading, settlement and organisational information for around 250 exchanges in over 100 countries. The handbook, which celebrated its 20th year of publication in 2010, is produced annually and is available in hardcopy and online.
World Exchanges: Global Industry Outlook and Investment Analysis is a quarterly investment analysis of the listed exchanges sector and 23 of the leading publicly-owned exchanges from around the world.
Mondo Visione also publishes Trading Places, a monthly digest of news and comment about the global exchange industry, and together with FTSE Group owns and publishes the FTSE Mondo Visione Exchanges Index, which tracks the stock market performance of listed exchanges.
For further information please visit www.mondovisione.com
