Performance of RWE shares in the first half of 2011: Nuclear phase-out weighs on RWE share price
Despite imminent national insolvencies in the Eurozone, sentiment on the German stock market in the first half of the year was still positive. The basis for this was the good domestic economy. Germany’s lead index, the DAX, closed the month of June at 7,376 points, which was 7 % higher than at the end of 2010. Climbing above 7,500 points in May, it achieved its highest level since the beginning of 2008. On average, European utility stocks fared worse than the DAX. The sector index, Dow Jones STOXX Utilities, only gained half of one percent.
The first six months were especially disappointing for RWE shareholders. On 30 June 2011, our common and preferred shares traded at €38.24 and €35.20, respectively. This corresponds to a total return (return on the change in share price plus the dividend) of − 18 % and − 21 %, respectively. The main reason for this is the new course set by German energy policy following the disaster at the Fukushima nuclear power plant in Japan. The law was changed to rescind the nuclear power plant lifetime extensions that were given clearance at the end of 2010 and to shut down eight of Germany’s 17 reactors immediately.
Monthly highs and lows of the RWE common share in 2011 (in €)
(Last updated 31 July 2011)
Current share prices and the share price history of the RWE shares:
Comparative performance of RWE shares and important indices up to the end of 2010 | |||
|---|---|---|---|
1 Index for the performance of government securities on the German bond market. | |||
| in % p.a. | 1 year | 5 years | 10 years |
| RWE common share | -22.5 | 0.4 | 4.5 |
| RWE preferred share | -18.3 | 3.1 | 8.1 |
| DAX 30 | 16.1 | 5.0 | 0.7 |
| Dow Jones EURO STOXX 50 | -2.8 | -1.9 | -2.7 |
| Dow Jones STOXX 50 | 3.1 | -1.9 | -2.8 |
| Dow Jones STOXX 600 | 11.6 | 0.5 | -0.1 |
| Dow Jones STOXX Utilities | -4.5 | 2.0 | 4.0 |
| REXP1 | 4.0 | 4.3 | 5.1 |
Our total return calculator allows you to determine the value and performance of your holding in RWE shares:
