On the back of strong ‘buy’ recommendations for exchange shares, amongst global equity strategists, retail investors should still be looking at the exchanges sector as it finishes Q3, up by 4.2 per cent.
Publicly listed exchanges in the Northern Hemisphere performed well during the hot Summer of Q3, with Romania’s Bursa de Valori Bucuresti leading the board with a 39.6 per cent increase in share value. Spain’s Bolsas y Mercados Espanoles and the London Stock Exchange made the top three with 29.8 per cent and 22.7 per cent increases respectively, in share price value.
These three exchanges also lead the board in terms of their performance improvement on Q3 2013 over Q3 2012.
The biggest loser in the league table war is certainly Multi Commodity Exchange of India with a 52.9 per cent loss in share value during Q3 2013 and this compared to a 15.5 per cent share value loss in Q2 2013.
Japan Exchanges Group should stay on the “one to watch” list with continued steady results being achieved. The exchange’s share value increased by 39.8 per cent during September and this performance is mirrored throughout the year with the strongest constituent year-to-date increase of 122.6 per cent.
Overall, the FTSE Mondo Visione Exchange Index has experienced a 19.8 per cent increase year-to-date.
The Index*, which aims to reflect market sentiment and is a key indicator of the exchanges’ performance, saw a 5.7 per cent increase in September 2013.
Commenting on the Index which closed up at 27,225.60 on 30 September 2013, Herbie Skeete, Managing Director, Mondo Visione and Co-founder of the Index said:
“In the past year the world of exchange M&A has become very interesting with mergers and acquisitions of data companies, investor relations solution companies, clearing houses and other parts of the value chain. Smart, transformative deals are becoming the norm.”
The FTSE Mondo Visione Exchanges Index best performer by capital returns in US dollars was Japan Exchange Group with a 39.8 per cent increase in share price from 30 August to 30 September 2013. The next best performers were Greece’s Hellenic Exchanges SA and Dubai Financial Market, each with share price increases of 17.6 per cent and 13.9 per cent respectively, over the same period.
The FTSE Mondo Visione Exchanges Index worst performer by capital returns in US dollars was CBOE Holdings with a 1.4 per cent decrease in share price from 30 August to 30 September 2013. This was followed by Philippine Stock Exchange and NYSE Euronext both achieving a 0.4 per cent increase over the same period.
-Ends-
|
Waitui Communications |
|
|
|
Belinda Leslie |
|
|
Monthly FTSE Mondo Visione Exchanges Index Performance (Capital Return, USD)
|
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% |
|
July 2012 |
-0.5% |
|
August 2012 |
1.1% |
|
September 2012 |
4.8% |
|
October 2012 |
1.5% |
|
November 2012 |
-1.0% |
|
December 2012 |
5.2% |
|
January 2013 |
10.5% |
|
February 2013 |
1.4% |
|
March 2013 |
0.8% |
|
April 2013 |
2.0% |
|
May 2013 |
0.8% |
|
June 2013 |
-0.9% |
|
July 2013 |
2.1% |
|
August 2013 |
-3.4% |
|
September 2013 |
5.7% |
Notes to Editors
*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 26 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
- Bulgarian Stock Exchange
- 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
- Japan Exchange Group, Inc
- Johannesburg Stock Exchange Ltd
- London Stock Exchange
- Moscow 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 19 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
September 2013 Quarterly Report - FTSE Mondo Visione Exchanges Index
