Inditex, ready to enter the EuroStoxx 50
By FashionUnited
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Direct rival for the Spanish retailer is French Essilor, maker of ophthalmological lenses. Nevertheless, every change to be made within the European benchmark would depend on next days´ trading.
By now, Inditex already belongs to the Stoxx 600 Index, which agglutinates the 600 largest traded companies in Europe. Amancio Ortega´s brainchild holds the 278th position in the index, what positions it at the medium sized range.
According to specialists, this position responds to Inditex low floating capital what implies that not all its shares are accounted for this purpose. In
other words, even when the company´s market value rises to 11, 850 euro million, for the Euro Stoxx Zara´s group is valued at
3,642 million euro.
Angela González-Rodríguez
Amancio Ortega
Bershka
Euro Stoxx
Inditex
Zara