- PX Index
The PX Index (formerly till march
2006 PX 50) is an index of major stocks that trade on thePrague Stock Exchange . Selected as the starting exchange day (a benchmark date) for the Index PX 50 was5 April 1994 and its opening value was fixed at 1,000 points. At this time the index included 50 companies traded on the Prague Stock Exchange, accordingly named PX 50.After an initial boom encouraged by
voucher privatization (the top was in February 1994 retroactively calculated on 1245 points) the index started to decline fast, and ended the year 1994 with 557 points. In1995 the decline continued (influenced by the Mexican crisis, that discouraged foreign investors from emerging markets) and the index reached its first bottom on29 June with 387 points. Then the index increased slowly and ended the year 1995 with 426 points. The slow increase continued in1996 and the index reached its second top on25 February 1997 with 629 points. In1998 influenced byRussian financial crisis the index reached its historical bottom on8 October with 316 points. In1999 the index emerged back to 500 points. With the help of thedot-com bubble and starting banks privatization, the index reached its second top on24 March 2000 with 691 points. With the end of dot-com bubble and theIPB bank crisis, the index declined back to 500 points. In2001 , the index slightly decreased and with the help of the influence of theSeptember 11, 2001 attacks reached bottom on17 September with 320 points. In2002 , the index slowly increased back to 500 points. In2003 the index was rising, and ended the year with 659 points. With the help of the Czech RepublicEuropean Union accession, the index continued rising in2004 . It reached 1000 points on19 November and ended the year with 1032 points. The index continued rising in2005 and ended the year with 1473 points. On20 March 2006 the PN 50 index was merged with PX-D into the PX index. The index reached bottom on13 June with 1167 points after legislative elections, but ended the year with 1589 points. On29 October 2007 it reached its top with 1936 points and ended the year with 1815 points.PX Index Base
*ERSTE BANK (ISIN: AT0000652011)
*ČEZ (ISIN: CZ0005112300)
*TELEFÓNICA O2 C.R. (ISIN: CZ0009093209)
*KOMERČNÍ BANKA (ISIN: CZ0008019106)
*CETV (ISIN: BMG200452024)
*UNIPETROL (ISIN: CZ0009091500)
*ZENTIVA (ISIN: NL0000405173)
*ORCO (ISIN: LU0122624777)
*VIG (ISIN: AT0000908504)
*PHILIP MORRIS ČR (ISIN: CS0008418869)
*PEGAS NONWOVENS (ISIN: LU0275164910)
*ECM (ISIN: LU0259919230)
*AAA (ISIN: NL0006033375)External links
* [http://www.pse.cz/On-Line/Indexy/ Prague Stock Exchange - PX Index]
* [http://www.pse.cz/Statistika/Burzovni-Indexy/ Prague Stock Exchange - PX Index Base]
* [http://www.pse.cz/dokument.aspx?k=Exchange-Indices Prague Stock Exchange - Brief description of the PX index]
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