The Euro Stoxx 50 (SX5E) is a widely used benchmark for European equities. The index returned 11.73% to investors in the first six months of the year. This is lower than that 17.93% returned to shareholders in the first quarter of the year.
The second quarter of the year was a volatile ride for equity investors. Markets were dominated by news on Greece on whether or not the Greek prime minister would give in to creditors’ demands on austerity measures.
Despite this event risk in the markets, European equity markets kept on trading in positive territory for the first six month of the year despite the volatility in the second quarter.
However, for those investors who didn’t just base their performance on that of the market as a whole but took well calculated risks on individual holdings to try and outperform the markets, the following were the top performers in the index:
Airbus Group SE (40.75% up in H115, indicative gross yield of 1.99%)
Airbus Group SE manufactures airplanes and military equipment. The Company produces commercial aircraft including the Airbus, military fighter aircraft, military and commercial helicopters, missiles, satellites, and telecommunications and…
Source: TOM