{"id":310938,"date":"2010-02-12T08:08:00","date_gmt":"2010-02-12T13:08:00","guid":{"rendered":"e2249889-c78b-43e3-9643-b1d7d4aa587b:394792"},"modified":"2010-02-12T08:08:00","modified_gmt":"2010-02-12T13:08:00","slug":"olympic-stocks-outperforming","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/310938","title":{"rendered":"Olympic stocks outperforming"},"content":{"rendered":"<p><a href=\"http:\/\/network.nationalpost.com\/np\/blogs\/tradingdesk\/games.jpg\"><img decoding=\"async\" src=\"http:\/\/network.nationalpost.com\/np\/blogs\/tradingdesk\/games.jpg\" align=\"middle\" border=\"0\" hspace=\"5\" alt=\"\" \/><\/a><\/p>\n<p>With the Vancouver 2010 Olympic Winter Games kicking off with the opening ceremonies on February 12, investors might be wondering how stocks linked to the events will fare.<\/p>\n<p>The Dow Jones Summer\/Winter Games Index measures the performance of publicly traded companies that are official partners, sponsors and suppliers of the current Olympic Games. Its 36 members with a combined market cap of US$967-billion, include some of the world\u2019s leading firms.<\/p>\n<p>As of February 10, the index is up 36.46% since December 22, 2008, when the index components were changed to reflect the Vancouver games.<\/p>\n<p>Worldwide, the Dow Jones Global Titans 50 gained 15.38%, while in Europe the Dow Jones STOXX 50 Index was up 17.45% in the same time period. The Dow Jones Asian Titans 50 rose 24.72% and the Dow Jones Industrial Average in the U.S. rose 17.82%<\/p>\n<p>While all markets experienced gains since December 22, 2008, Canadian blue-chips had the strongest gains, up 52.36% in the same time frame.<\/p>\n<p>The top components in the Olympic index are General Electric Co. (adjusted weight of 10.38%), McDonald\u2019s Corp. (10.30%), Royal Bank of Canada (9.43%), Coca-Cola Co. (9.33%), 3M Co. (8.21%), Suncor Energy Inc. (7.83%), VISA Inc. (6.00%), Panasonic Corp. (5.17%), Dow Chemical Co. (4.93%) and General Mills Inc. (3.52%)<\/p>\n<p>Nearly 60% are U.S. companies, about 30% are Canadian and almost 7% are Japanese firms. Consumer goods account for 24% on a sector allocation basis, followed by industrials at 23%, financials at 16%, both consumer services and oil and gas at 11%, basic materials at 7% and technology at 4%. <\/p>\n<p><a href=\"mailto:jratner@nationalpost.com\">Jonathan Ratner<\/a> <\/p>\n<p><i>Photo: The general street scene of the Games is displayed all around downtown Vancouver with sponsors showing their campaign, February 1, 2010. The Vancouver 2010 Winter Olympics run from February 12 to 28. (STEPHANIE LAMY\/AFP\/Getty Images) <\/i><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/network.nationalpost.com\/NP\/aggbug.aspx?PostID=394792\" width=\"1\" height=\"1\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the Vancouver 2010 Olympic Winter Games kicking off with the opening ceremonies on February 12, investors might be wondering how stocks linked to the events will fare. The Dow Jones Summer\/Winter Games Index measures the performance of publicly traded companies that are official partners, sponsors and suppliers of the current Olympic Games. Its 36 [&hellip;]<\/p>\n","protected":false},"author":4059,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-310938","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/310938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4059"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=310938"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/310938\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=310938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=310938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=310938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}