More NewsSTOXX Launches Blue-Chip Index for the Balkans

STOXX Launches Blue-Chip Index for the Balkans

STOXX has launched the Dow Jones STOXX Balkan 50 Equal Weighted Index, a blue-chip index measuring the performance of the 50 largest and most liquid stocks traded in the Balkan region. The Balkan countries are growing economies that have developed competitive returns in recent years, which makes the index an appealing tool for financial institutions. The Dow Jones STOXX Balkan 50 Equal Weighted Index is designed to underlie investment products, such as mutual funds, exchange-traded funds and structured products. Countries currently included in the index are Bulgaria, Croatia, Greece, Macedonia (FYROM), Romania, Serbia, Slovenia and Turkey. To ensure a significant and balanced representation of all eligible countries, the index comprises the 10 largest companies of Greece and Turkey and the five largest companies of the other countries. The weight of each component is 2% and the number of components is fixed at 50. Components are selected based on free-float market capitalisation and liquidity. The composition of the index is reviewed annually in September. Price and total return indexes are calculated in euro and US dollar. Daily historical index values of the Dow Jones STOXX Balkan 50 Equal Weighted Index are available back to 31 December 31 2006. The year to date performance through 31 October 2007 of the Dow Jones STOXX Balkan 50 Equal Weighted Index is 38,7%.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha