Benchmarks

Stocks gyrated in August, with benchmarks ending in positive territory for the month, as concern about a US economic slowdown was outweighed by optimism that interest rates will be cut this month. The STOXX World AC index rose 2.6% last month when measured in US dollars and including dividends, taking its 2024 gain to 16.4%. The STOXX Global 1800 index added 2.8% in the month.

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 the STOXX Eastern Europe 50 indices. All changes will be effective with the opening of European markets on September 23, 2024.

Results of the third regular quarterly review 2024 of benchmark indices will be effective September 23, 2024.

The global benchmark rose 1.7% in July, with all the advance coming in the month’s first half. Weaker output and inflation data in the US boosted forecasts that the Fed may start easing monetary policy as early as September.

Stocks rose in July amid expectations that the Federal Reserve is getting close to its first interest-rate cut since 2020. The STOXX World AC index rose 1.7% last month when measured in US dollars and including dividends, taking its 2024 gain to 13.4%. The STOXX Global 1800 index added 1.9% in the month.

STOXX Ltd. has announced an unscheduled component change in the SDAX index. SYNLAB AG will leave the SDAX because it does not meet the requirement “existing listing on the Regulated Market of the Frankfurt Stock Exchange (FSE)” any more (rulebook, section 5.4.2 Breaches of basic criteria).

The global benchmark rose 2.3% last month for a 2024 advance of 11.6%. It was the index’s seventh monthly advance in eight months as investors expect US interest rates to start dropping this year, aiding the global economy.

US stocks rose in June as investors weighed the prospects for interest-rate cuts amid slowing inflation. European shares fell as results from the European Parliamentary elections increased political risk.

The German blue-chip benchmark was introduced in July 1988. Its impressive 1,575% rally since then is a reflection of the global economy’s transformative growth and the corporate successes at home.

Weekly expirations allow market participants to finetune hedging and accurately implement strategies around specific events such as economic data releases. The new options further expand a comprehensive derivatives ecosystem around the STOXX Europe 600.

As the index turns 25 on June 21, we take a look at what makes up the world of smaller-capitalization German stocks.

STOXX Ltd. has announced unscheduled component changes in the MDAX and TecDAX indices.