Blue Chip Index

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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.
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Federal Reserve left interest rates unchanged on concerns about the global economy, although a rise in metals miners meant Britain's blue-chip index outperformed Europe, Reuters reported.
The FTSE 100 blue-chip index, which is due to be reshuffled on Sept.
That's a far cry from the week before, when the blue-chip index stumbled nearly 3 percent.
The blue-chip index also closed at a record level for the eighth time this year.
SeeNews) - Mar 5, 2014 - Austrian airport operator Flughafen Wien AG (WBAG:FLU) and Austrian insurer Uniqa (WBAG:UQA) will join the ATX, the blue-chip index of the Vienna Stock Exchange, as their free float and trading turnover have increased significantly, the stock exchange said Tuesday after a meeting of the ATX committee
In September 2013 it launched its new blue-chip index, the WIG30 that would gradually substitute the WIG20.
The blue-chip index especially accelerated its downswing toward the closing bell, shedding over 200 points at one point on the back of tumbling Chinese stocks, brokers said.
National Grid was up 14p to 765p in the blue-chip index after updating on strong trading and announcing a new dividend policy which tracks inflation.
The KSX 15 index, Kuwait's version of the blue-chip index, however, slipped 1.
stocks notched yet another strong trading day Monday as investors ignored weak economic data from Europe and China to lift the market's blue-chip index to its fifth consecutive closing high.
In the first week of December, equity analysts at Goldman Sachs warned London's blue-chip index - the FTSE 100 - was about to see more than 15% of its value evaporate into thin air, with a plunge to around 4,700 by February 29.
Since January this year the company has been part of the blue-chip index IBEX 35.