At 30, Nasdaq-100 Recognized as Benchmark for Innovation
(Thomson Reuters ONE) -
Growth Companies From Multiple Sectors Diversify Index and Represent the 'New
Global Economy'
NEW YORK, Feb. 19, 2015 (GLOBE NEWSWIRE) -- Once considered a pure play on
technology stocks, the Nasdaq-100 Index (NDX), which celebrated its 30(th)
anniversary on January 31, 2015, has emerged as the de facto benchmark for
broad-based innovation, representing the "new global economy," according to a
recent Nasdaq study titled The Nasdaq-100 Turns 30: Tracking Innovation in Large
Cap Growth.
"The Nasdaq-100 was launched at a time when the investment community was looking
to showcase the top stocks listed on the Nasdaq Stock Market. With its 100
highly-liquid components, it is no surprise that derivative products linked to
the Nasdaq-100 have been so well-received, as investors look to diversify their
portfolios," said Salil Donde, Executive Vice President and head of Nasdaq's
Global Information Services business. "We expect to see more products launched
that are tied to the Nasdaq-100, especially as the ETF industry continues its
rapid expansion and potentially rivals the asset base of mutual funds."
As one of the world's most widely-followed stock indexes, the Nasdaq-100
represents the top 100 non-financial companies listed on The Nasdaq Stock
Market(®, )and serves as the benchmark for companies that drive the global
economy. The fastest growing industries in the world are led by the companies in
the Nasdaq-100, and approximately $50 billion in exchange-traded products are
tied to the Nasdaq-100, including the most well-known product, the PowerShares
QQQ Trust (symbol QQQ) or, simply, "the Qs."
From the launch of the Nasdaq-100 in 1985 through 2014, a total of 448 stocks
were members of the Nasdaq-100. Of the original members at launch, seven are
still in the current index. These include: Apple, Costco (originally Price
Club), Intel, KLA-Tencor, Micron Technology, PACCAR, and Seagate Technology.
In 1985, Intel was the largest component in the Nasdaq-100, with a market cap of
$3.5 billion. The second and third largest components in 1985, MCI and Apple,
had market caps of $2.3 billion and $1.8 billion, respectively. In total, the
market cap of the Nasdaq-100 was $58 billion in 1985, and has since grown to 80
times that size, to its current value of approximately $4.99 trillion and
includes three of the top five largest companies in the world by market
capitalization.
Over the past 30 years the Nasdaq-100 has evolved to include some of the most
innovative companies on the planet, such as these bellwethers of technology:
Apple, Microsoft, Intel, Cisco, and Google. The Index has diversified since its
inception, and now includes top companies in healthcare, media, retail and
industrials, such as Gilead Sciences, DirectTV, Amazon, Keurig, Marriott,
Netflix, Starbucks, Tesla, and Whole Foods, among many others.
About Nasdaq Global Information Services
Nasdaq Global Information Services (GIS) leverages reliable, scalable technology
and robust distribution channels to provide comprehensive benchmarks and market
data solutions across asset classes and regions. We equip financial institutions
and investors with essential market transparency to make informed decisions. Our
Global Data Products provide innovative real-time and historical market data
products, as well as analytic data solutions designed to meet new industry
challenges. In addition, Nasdaq Global Indexes spans geographies and asset
classes to support financial product sponsors across a wide-spectrum of
investable products and asset managers who measure risk and performance. Our
diverse families include the Dividend Achievers, Global Equity, Fixed Income,
Nordic, Green Economy, Sharia, Commodity, and a wide range of Smart Beta Indexes
based upon rules-based, transparent methodologies.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange
technology, listing, information and public company services across six
continents. Through its diverse portfolio of solutions, Nasdaq enables customers
to plan, optimize and execute their business vision with confidence, using
proven technologies that provide transparency and insight for navigating today's
global capital markets. As the creator of the world's first electronic stock
market, its technology powers more than 70 marketplaces in 50 countries, and 1
in 10 of the world's securities transactions. Nasdaq is home to more than 3,500
listed companies with a market value of over $9.1 trillion and more than 10,000
corporate clients. To learn more, visit http://nasdaq.com/ambition or
http://business.nasdaq.com.
NDAQG
CONTACT: Media Relations Contact:
Joseph Christinat
Joseph.christinat(at)nasdaq.com
(646) 441-5121
This announcement is distributed by GlobeNewswire on behalf of
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originality of the information contained therein.
Source: The NASDAQ OMX Group, Inc. via GlobeNewswire
[HUG#1895663]
Unternehmensinformation / Kurzprofil:
Datum: 19.02.2015 - 14:00 Uhr
Sprache: Deutsch
News-ID 372840
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New York
Kategorie:
Business News
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