A new index with strong Dutch roots
Amsterdam - 25 April 2014 –The new AEX DFT Oranje Index (Orange Index) was jointly launched today by Euronext, a wholly owned subsidiary of IntercontinentalExchange Group (NYSE: ICE) and De Financiële Telegraaf (DFT). This morning at the sounding of the gong, the index with a strong royal House of Orange sentiment was officially launched at the Amsterdam exchange.
The AEX DFT Oranje Index (ISIN: NL0010389326) contains a cross section of companies of Dutch origin with a rich history. At its launch, the Orange Index is made up of sixteen Dutch listings with the holding or a significant business unit bearing the Royal predicate. This applies to the listings of Royal Dutch Shell, Philips, Ahold, KPN, DSM, Vopak, Boskalis, Air France-KLM, Post NL, BAM, Imtech, Ten Cate, Wessanen,
Reesink, Brill and Porceleyne Fles.
The Orange Index caters to the continual interest among private investors for renowned Dutch companies. This group of investors can now closely track the performance of this cross section of the Amsterdam exchange alongside the AEX main index and other leading international indices.
Cees Vermaas, CEO of Euronext Amsterdam stated: “This holiday weekend, the Netherlands will be draped in Orange and it is in this spirit that we launch the AEX DFT Oranje Index together with De Financiële Telegraaf. The Netherlands has a strong trading spirit and a long, rich tradition of entrepreneurship. The Orange index is an interesting addition to the indices within the AEX-Index family.”
Ronald Veerman, chief editor of De Financiële Telegraaf (DFT): “The idea of launching our 'own' DFTindex with strong Dutch roots was a long-standing ambition which we jointly realized this year. It is wonderful that, together with Euronext, we can launch the Orange Index with traditional Dutch companies - stocks which some private investors have invested in for decades- just before King’s Day.”
During the trading day, investors can follow the index in real-time via the websites aex.nl and dft.nl, as well as via the daily quotations page in De Financiële Telegraaf newspaper.
For the time being, Euronext and DFT will jointly manage the AEX DFT Oranje Index. Part of this
management will be to further enhance the Dutch character of the index. Ultimately the goal is to – with possible mutations and other small adjustments - reach a composition of 20 to 25 companies.