LuxX Index
Encyclopedia
The LuxX Index is the main stock market index
of the Luxembourg Stock Exchange
, the stock exchange
based in Luxembourg City, in southern Luxembourg
. The LuxX is a weighted index of the eleven most valuable listed stocks by free floated market capitalisation
(ten until the collapse of Fortis
in 2008 and the addition of two new listings). The index was fixed at 1,000 on 4 January 1999: the first day of trading after Luxembourg adopted the euro
. The ten companies currently included in the listing are:
Stock market index
A stock market index is a method of measuring a section of the stock market. Many indices are cited by news or financial services firms and are used as benchmarks, to measure the performance of portfolios such as mutual funds....
of the Luxembourg Stock Exchange
Luxembourg Stock Exchange
The Luxembourg Stock Exchange is a stock exchange based in Luxembourg City, in southern Luxembourg.The Exchange is located on avenue de la Porte-Neuve,...
, the stock exchange
Stock exchange
A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...
based in Luxembourg City, in southern Luxembourg
Luxembourg
Luxembourg , officially the Grand Duchy of Luxembourg , is a landlocked country in western Europe, bordered by Belgium, France, and Germany. It has two principal regions: the Oesling in the North as part of the Ardennes massif, and the Gutland in the south...
. The LuxX is a weighted index of the eleven most valuable listed stocks by free floated market capitalisation
Market capitalization
Market capitalization is a measurement of the value of the ownership interest that shareholders hold in a business enterprise. It is equal to the share price times the number of shares outstanding of a publicly traded company...
(ten until the collapse of Fortis
Fortis (finance)
Fortis N.V./S.A. was a company active in insurance, banking and investment management. In 2007 it was the 20th largest business in the world by revenue but after encountering severe problems in the financial crisis of 2008, most of the company was sold in parts, with only insurance activities...
in 2008 and the addition of two new listings). The index was fixed at 1,000 on 4 January 1999: the first day of trading after Luxembourg adopted the euro
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...
. The ten companies currently included in the listing are:
Historical quotes
| Year end | Close | Annual change (%) |
|---|---|---|
| Start | 1,000 | - |
| 1999 | 1,397 | +39.7% |
| 2000 | 1,388 | –0.7% |
| 2001 | 1,116 | –19.6% |
| 2002 | 790 | –29.2% |
| 2003 | 1,019 | +29.0% |
| 2004 | 1,292 | +26.8% |
| 2005 | 1,637 | +26.7% |
| 2006 | 2,177 | +33.0% |
| 2007 | 2,419 | +11.1% |
| 2008 | 981 | –59.4% |
| 2009 | 1,372 | +40.0% |
| 2010 | 1,542 | +12.4% |
| Source: Luxembourg Stock Exchange | ||