Amsterdam Stock Exchange Index, known as AEX, is one of the most important indicators of the Dutch economy and provides an opportunity for investors to observe the interest in the European economy.
Amsterdam Stock Exchange Index, also known as AEX, is used as an important criterion to observe both Dutch economy and investors’ interest in the European economy.
AEX, which has become an index that has been traded above the world averages in recent years, continues to be renewed every year to include the most profitable companies of the previous year.
By following this index, you can observe both the Dutch economy and investors’ interest in the European economy. Here’s what you need to know about the AEX Index.
What is the AEX Index?
The Amsterdam Stock Exchange Index (AEX for short) is an index of Euronext Amsterdam shares. Founded in 1983 for the first time, AEX consists of 25 most commonly traded shares in Euronext, which was established in 2000 with the merger of the Paris, Brussels and Amsterdam exchanges.
Although AEX is unheard of on the global stock exchange, it is one of the most important indicators of the Dutch economy. For example, it is well known that large Dutch companies such as Heineken, Royal Dutch Shell and Aegon in this index play an important role in the economic world. AEX reached its peak during the dot-com bubble of the 2000s.
AEX Index History
AEX entered stock exchanges on January 3, 1983 with 100 core index points. In order to avoid the confusion of value since the transition to the Euro, 100 points of that day were considered equivalent to 45.378 points of today. The index reached its peak at 703.18 points on September 5, 2000, at the peak of the dot-com bubble. Afterwards, the value of the index fell by almost half for three years and recovered.
AEX’s second highest daily drop was almost 9% on September 29, 2008. In the 10-year period 1998-2008, AEX was the worst European index except OMX Iceland 15. In recent years, AEX has become an index traded above the world average.
What You Need to Know About the AEX Index
The 25 companies included in AEX are renewed each year to include the most profitable companies of the previous year.
Like any other stock index, AEX is affected by factors such as natural disasters, political tensions and economic downturns. AEX also measures investors’ interest in the European economy.
In addition, the Amsterdam Stock Exchange merged with the Paris and Brussels Stock Exchanges in September 2000 to form Euronext Amsterdam.