Blue Chip Index

Blue Chip Index

An index that predominately or exclusively tracks stocks in well-known and highly respected publicly-traded companies. Blue chip indices track companies that are usually financially sound and are thought to be relatively low-risk investments. These indices tend to be less volatile and are used sometimes as indicators of wider economic performance. A prominent example of a blue chip index is the Dow Jones Industrial Average.
References in periodicals archive ?
Mergers and acquisitions helped the blue chip index close at a record level for the ninth time this year on Monday.
Announcesthe Inclusionofits Sharesinto the Blue Chip Index Constituents
Direct Line Insurance Group (LON: DLG) Plc and TUI Travel Plc (LON: TT) are vying for the single spot available in the FTSE 100, the benchmark blue chip index.
Over the year, however, the UK blue chip index is up only 3.
Summary: Some Au50 billion has been wiped from the value of London's blue chip index as part of a collapse in markets across the globe.
LONDON'S blue chip index closed higher yesterday as banks and retailers gained after a bright start on Wall Street.
If Ferrexpo is promoted to the blue chip index, the mining sector would account for 10 per cent of FTSE 100 companies.
Asian markets staged a modest rebound overnight, prompting London's blue chip index to follow suit with a gain of 81.
Analysts were expecting the UK blue chip index to open ahead after the Dow Jones Industrial Average closed more than nine points to the good.
The blue chip index had ended lower for the six trading days through Wednesday.
The group ironically only rejoined the top flight after sharp falls in its share price pushed it out of the blue chip index for the first time.
The blue chip index spent most of the day in the red as traders awaited the US economic data and booked profits from recent rises which took the Footsie to a fresh six-month high yesterday.