PX Index

The PX Index (until March 2006 the PX 50) is a capitalization-weighted index of major stocks that trade on the Prague Stock Exchange. Selected as the starting exchange day (a benchmark date) for the Index PX 50 was 5 April 1994 and its opening value was fixed at 1,000 points. At this time the index included 50 companies traded on the Prague Stock Exchange, accordingly, named PX 50.

In 2014 Prague Stock Exchange introduced

dividends.^[1]

History

PX-50

After an initial boom encouraged by

September 11, 2001 attacks reached bottom on 17 September with 320 points. In 2002, the index slowly increased back to 500 points. In 2003 the index was rising and ended the year with 659 points. With the help of the Czech Republic European Union

accession, the index continued rising in 2004. It reached 1000 points on 19 November and ended the year with 1032 points. The index continued rising in 2005 and ended the year with 1473 points.

PX index

On 20 March 2006 the PX 50 index was merged with PX-D into the PX index. The index reached bottom on 13 June with 1167 points after

financial crisis

reached 700 points on 27 October 2008, losing 50% of its value in two months, second financial crisis-based bottom was reached on 18 February 2009 with 629 points.

year
max
min

1994	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016^[2]	2017^[2]	2018^[2]	2019^[2]	2020^[3]
1,245	587	582	629	517	526	691	515	479	659	1,032	1,478	1,626	1,936	1,808	1,195	1,315	1,275	1,041	1,066	1,046	1,058	954	1,087	1,140	1,119	1,142
541	387	438	459	316	333	410	320	388	460	662	1,051	1,167	1,565	700	629	1093	843	859	853	901	846	819	919	978	989	690

PX Index base

The components as of March 2020 are sorted by reduced market capitalization:[4]

ERSTE BANK
(ISIN: AT0000652011)
ČEZ
(ISIN: CZ0005112300)
KOMERČNÍ BANKA
(ISIN: CZ0008019106)
MONETA MONEY BANK [cs] (ISIN: CZ0008040318) - since 2016
VIG (ISIN: AT0000908504)
AVAST (ISIN: GB00BDD85M81) - since 2018
PHILIP MORRIS ČR [Wikidata] (ISIN: CS0008418869)
STOCK
(ISIN: GB00BF5SDZ96)
PEGAS NONWOVENS [cs] (ISIN: LU0275164910)
KOFOLA ČS [cs] (ISIN: CZ0009000121)

Past

O2 C.R.
(ISIN: CZ0009093209) - removed in 2022
CETV (ISIN: BMG200452024) - removed in 2020
UNIPETROL
(ISIN: CZ0009091500) - removed in 2018
PLG [cs] (ISIN: CZ0005124420) - removed in 2016
NWR (ISIN: GB00B42CTW68) - removed in 2016
ORCO (ISIN: LU0122624777) - removed in 2014
TMR (ISIN: SK1120010287) - removed in 2014
AAA [cs] (ISIN: NL0006033375) - removed in 2013
KITD
(ISIN: US4824702009) - removed in 2012
ECM (ISIN: LU0259919230) - removed in 2011
ZENTIVA (ISIN: NL0000405173) - removed in 2009

PX-TR

In March 2014 Prague Stock Exchange introduced new total return index PX-TR. The index shares same base as PX index, but unlike PX index take into account

dividends. As the starting exchange day (a benchmark date) was selected 20 March 2006, when PX-50 and PX-D were merged. Main aim of creation of PX-TR index was to promote above average dividend yield of Prague Stock Exchange.^[1]

References

External links

[pxtr-1] PSE: Pražská burza zahájí výpočet Total Return Indexu PX

[his-2] PX Index: Historical Data

[ixdata-3] PX Index: Price data

[4] PSE: PX Index Base

[1]

[2]

[3]