OMX Iceland 15
The OMX Iceland 15 (formerly the ICEX15) is a defunct
Over the year 2008 and over the entire decade 1998–2008 the OMX Iceland 15 was the worst performing stock index in the world,
2008 decline
OMX Iceland 15 suffered a great loss during the financial crisis in 2008. Trading in the stock market was suspended for three successive trading days, October 9, October 10, and October 13. Trading was resumed on October 14, 2008, and OMX Iceland 15 closed at 678.4, which corresponds to a fall of about 77% compared with its close at 3,004.6 on October 8, 2008. This reflected the fact that the value of the three big banks (Glitnir, Kaupthing Bank and Landsbanki Íslands) which formed 73.2 percent of the value of the OMX Iceland 15,[4] had been set to zero.
Final composition
The index consisted of the following companies at the final index reshuffle effective on 2 January 2009.
Company | GICS Sector | Ticker symbol |
---|---|---|
Alfesca | packaged foods and meats | A |
Atlantic Airways | airlines | FO-AIR |
Atlantic Petroleum | oil and gas exploration and production | FO-ATLA |
Bakkavör | packaged foods and meats | BAKK |
Eik Banki | regional banks | FO-EIK |
Eimskipafélag Íslands |
marine | HFEIM |
Føroya Banki | regional banks | FO-BANK |
Icelandair Group | airlines | ICEAIR |
Marel Food Systems |
industrial machinery | MARL |
SPRON |
regional banks | SPRON |
Straumur-Burðarás |
investment banking and brokerage | STRB |
Össur | health care equipment | OSSR |
References
- OMX. Retrieved 2008-12-14.
- ^ A closer look at a decade performance, AmsterdamTrader.com, January 9, 2009
- ^ "Samsetning nýju úrvalsvísitölunnar óbreytt". Fréttablaðið (in Icelandic). 11 June 2009. Retrieved 2 November 2010.
- ^ OMX Nordic Exchange (30 June 2008). "Definitive list of constituents in OMXI15 index".
- ^ "OMXI15 Index Information: Definitive list of constituents in OMXI15 index" (Press release). NASDAQ OMX Nordic. 30 December 2008. Retrieved 2 November 2010.