35 years AEX-Index®
Sounding of the gong for 35 years AEX
Together with Euronext Amsterdam, Insinger Gillisen sounds the gong in light of the 35-year anniversary of the AEX-Index. The AEX was founded on March 4th 1983 and was the first national Blue Chip index in Europe.
The AEX-Index contains 25 companies from the top segment of the Dutch stock exchange, including many multinationals such as Royal Dutch Shell, Unilever, ING Groep, Royal Philips Electronics, and ArcelorMittal. The AEX is the benchmark for the stock market climate in the Netherlands and offers international visibility for the companies that are part of it.
In 1983, the then options-exchange director Tjerk Westerterp put together the very first index on the back of a cigarette box, in the train between Liège and Luxembourg. He came to 13 funds: ABN Bank, Ahold, Akzo, Amro Bank, Gist-Brocades, Heineken, Hoogovens, KLM, Royal Dutch, Nationale Nederlanden, Philips, Unilever and Nedlloyd. The index was then called EOE index (European Options Exchange). Later this list grew to 20 companies until eventually it became 25.
InsingerGilissen, a long standing partner of Euronext, is a private bank that focuses on individuals and families, foundations, associations and institutional parties. InsingerGilissen offers private clients, in addition to independent asset management and investment advice, a wide range of private banking and wealth management products and services. The bank also provides specific services to independent asset managers.
For more information: www.euronext.com