The AEX index
, derived from Amsterdam Exchange index
, is a stock market index
composed of Dutch
companies that trade on Euronext Amsterdam
, formerly known as the Amsterdam Stock Exchange
. Started in 1983, the index is composed of a maximum of 25 of the most actively traded securities
on the exchange. It is one of the main national indices of the pan-European stock exchange group Euronext
's CAC 40
The AEX started from a base level of 100 index points on 3 January 1983 (a corresponding value of 45.378 is used for historic comparisons due to the adoption of the Euro
). The index's peak to date is 703.18, reached on 5 September 2000 at the height of the dot-com bubble
. The index value more than halved over the following three years before recovering in line with most global financial markets.
The AEX index enjoyed its second largest one-day loss on September 29, 2008, when the index closed down almost 9%. The decade between 1998 and 2008 has been bad for the AEX index, as it has been the worst performing stock index except for the OMX Iceland 15
. The preceding years were a lot better compared to the rest of the world.
As of 2011, the AEX index composition is reviewed four times a year - a full "annual" review in March and interim "quarterly" reviews in June, September and... Read More