The markets withstood political and natural storms in the past month, STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, announced earlier today in its Monthly Index News report.
Shortly before the election in Germany, the local stock market stagnated, but gained strongly in the week after the election, making it the top performer on country level in September. In the US, the oil & gas sector recovered strongly after hurricane Harvey hit the US.
For investors concerned about the climate change and its impact, STOXX launched the Low Carbon Indices in 2016. The indices represent a comprehensive range of portfolios tracking companies with substantially lower carbon intensities compared to traditional benchmarks.
As part of a further extension of this offering, the STOXX® Global Climate Change Leaders Index was the first equity measure to incorporate CDP’s climate-change research scoring methodology that evaluates a company’s climate-related governance, strategy, risk and opportunities, targets and accountability.