Index

The STOXX Global 1800 index fell 4.3% last month and the STOXX World AC lost 4%. Projections from the Federal Reserve indicate the central bank may hike rates further this year and cut them by less than previously expected in 2024.

In connection with a takeover, the free float of SUSE S.A. has dropped below ten percent and the company will be deleted from the SDAX.

Stocks fell by the most in one year in September amid expectations that interest rates in the US may stay higher for longer than previously expected.

STOXX Ltd. has announced the licensing of the DAX Index (JPY Hedged) to Norinchukin Zenkyoren Asset Management Co., Ltd. (NZAM) in Japan. The index is used as an underlying for an ETF which will be listed on the Tokyo Stock Exchange. It is the 2nd DAX ETF on the Japanese market.

Armelle Loeb, head of index sales for EMEA at STOXX, discusses the evolution and appeal of custom and factor-based indices, and why custom income strategies have delivered good performance.

In its 25th anniversary, the EURO STOXX 50’s ecosystem continues to grow with a new fund that comes amid sustained demand for responsible investing strategies.

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

ISS ESG takes stock of progress this year in new rules on corporate sustainability disclosure, with Europe at the center of action. The data, analytics and solutions provider concludes that regulation change is accelerating, raising reporting requirements for companies and investors alike.

STOXX Ltd. has announced the new composition of the DAX index family. All changes will become effective on 18 September 2023.

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.

Antonio Celeste, Director for Sustainability Product Management at STOXX spoke to Climate Action about how investors should urgently mitigate against biodiversity loss.