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BBVA returns to the Euro Stoxx 50 just one year later.

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ENPNewswire-September 6, 2021--BBVA returns to the Euro Stoxx 50 just one year later

(C)2021 ENPublishing - http://www.enpublishing.co.uk

Release date- 03092021 - BBVA is back in the Euro Stoxx 50, Eurozone's main index.

Just one year after its exit, the bank's recent good performance on the stock market has allowed it to return to the index, a milestone -exit and re-enter the following year- which at least in the last decade had never happened before. Normally, it takes longer for companies that exit the index to recover their position and re-enter.

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The Euro Stoxx 50 is the most relevant European equity index and one of the most important globally, so an important part of the asset management industry has its funds benchmarked to this index (index-linked or passively managed funds). Changes in composition usually lead to flows of purchases or sales of securities in the stocks that enter and leave the indexes, respectively.

Among the criteria used to include and exclude securities is that of free-float capitalization. Once a year, using the share prices as of August 31, the 50 components of the index and other stocks in the European stock market, which are potential candidates for entry, are determined. If the potential entrants have capitalization equal to or above the 40th company in the Eurostoxx50, they are then considered for inclusion in the index.

BBVA's return to the...

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