LuxX Index

Description

The LuxX Index is Luxembourg's primary stock index, representing the most actively traded companies listed on the Luxembourg Stock Exchange. The index covers a diverse range of industries, such as financial services, steel, and construction materials, offering a snapshot of the Luxembourg economy's performance. For investors interested in the Luxembourg market, the LuxX Index serves as an important benchmark and a gateway to the country's most influential companies.

As a market capitalization-weighted index, the LuxX Index assigns weights to its constituent companies based on their market value, ensuring that larger, more prominent firms have a greater impact on the index's movements. Investors looking to gain exposure to the Luxembourg market can use the LuxX Index as a reference point, as it provides a diverse representation of Luxembourg's leading companies, while also offering the benefits of diversification across various sectors.

Index Details

ISIN:

LU0916824781

Currency:

EUR

Constituents:

8

Launch Date:

1999-01-04

Index Type:

Large Cap

Operator:

Luxembourg Stock Exchange

Rebalancing:

Quarterly

Website:

https://www.luxse.com/market-overview/luxse-index/43#:~:text=The%20Lux%20General%20Index%20is,prices%20of%20the%20constituent%20shares.