Meaning of “the Eurostoxx 50 (Index)” in the English Dictionary

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"the Eurostoxx 50 (Index)" in Business English

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the Eurostoxx 50 (Index)noun [ S ]

uk us trademark FINANCE, STOCK MARKET

a stock index (= a system of numbers used for comparing values of things) of shares in 50 large European companies:

Fidelity European Index fund will follow the Eurostoxx 50 index.

(Definition of “the Eurostoxx 50 (Index)” from the Cambridge Business English Dictionary © Cambridge University Press)