Benchmarks

The STOXX Global 1800 index fell 2.4% last month and the STOXX World AC lost 2.7% amid expectations that US interest rates may stay high to combat inflation. European, Asian, and Chinese shares in particular, led the pullback following weaker economic data.

Stocks fell in August amid softening economic data in Europe and China, and expectations that US interest rates may stay high for a long period.

STOXX Ltd. today announced the results of the regular annual review of the STOXX Blue-Chip Indices, among them the EURO STOXX 50, STOXX Europe 50, and STOXX Nordic 30 indices.

Results of the third regular quarterly review 2023 of benchmark indices will be effective September 18, 2023

The STOXX Global 1800 index advanced 3.3% last month and the STOXX World AC rose 3.7% amid reports that showed US inflation continues to drop while the economy may avoid a recession. Value and banks’ shares were among the best performers.

Stocks rose in July amid signs that global inflation is easing and that the US economy may avoid a recession.

Qontigo’s global index provider STOXX Ltd. has announced unscheduled component changes in the MDAX, SDAX and TecDAX indices.

The STOXX Global 1800 index jumped 6.1% last month and the STOXX World AC rose 5.7%. US, Value and automakers’ shares were among the best performers.

In June, stocks had their second-best month this year on optimism that the global economy is weathering a slowdown and that inflation is easing.

Changes were announced as part of the June regular review of the DAX 50 ESG, DAX 50 ESG+, DAX ESG Target, DAX ESG Screened and DAX indices.

Qontigo’s global index provider STOXX Ltd. has announced the new composition of the DAX index family, which will become effective on 19 June 2023.

The STOXX Global 1800 index lost 1.1% last month and the STOXX World AC dropped 0.9%. European, energy and high-dividend shares were among the worst performers.