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Big buyer supporting the DAX into the close yesterday, came back 100 pts lower today.
- Thread starter frank_london
- Start date
Quote from frank_london:
About half the euro stoxx index ( market cap.) is made up of non ECB components.
This is completely false, if you are talking about share location, it may be true if you are talking about Siemens income coming from outside EU etc.
Only elements in the FESX that are non ECB are Nokia and a handful of tiny Swiss stocks... Haven't looked it up in a while but used to be
35% german
32% frendh
12% spanish
11% dutch
5% nokia
rest is swiss italian and alied irish
Quote from FGBS:
This is completely false, if you are talking about share location, it may be true if you are talking about Siemens income coming from outside EU etc.
Only elements in the FESX that are non ECB are Nokia and a handful of tiny Swiss stocks... Haven't looked it up in a while but used to be
35% german
32% frendh
12% spanish
11% dutch
5% nokia
rest is swiss italian and alied irish
You are correct I was wrong. I was thinking of one of the S&p eurpoean indices, that had had half it weighting from london equities. I had my head up my ass I should've confirmed before I posted. Thank you for the correction. I guess i need to rethink my hypothesis.
Quote from frank_london:
You are correct I was wrong. I was thinking of one of the S&p eurpoean indices, that had had half it weighting from london equities. I had my head up my ass I should've confirmed before I posted. Thank you for the correction. I guess i need to rethink my hypothesis.
No worries..didn't mean to come over as hostile as i did (rereading my own post)
DJ Stoxx 50 index (as opposed to Eurostoxx 50) is what you are thinking of.
Adios
He's back at 7450