Tokyo Stock Price Index

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Tokyo Stock Price Index

Commonly called TOPIX. A major index on the Tokyo Stock Exchange that tracks the First Section, which consists of the largest companies by market capitalization. Along with the NIKKEI average, TOPIX is considered a major indicator of the state of Japanese investment, and of the economy at large.
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The Topix trades at 13 times forward earnings even though EPS growth next year could be as high as 18 per cent.
Topix will provide local news feeds on Sprint's new XOHM (http://www.
The biggest performance problem for the Topix as a whole is the sheer size of the declining sectors, which in terms of total market capitalization account for no less than 43.
The goal at Topix is to power local voice and conversation in every single city and town across America," said Chris Tolles, chief executive of the Palo Alto, Calif.
Azhar Rafee, executive vice president, Reuters Consumer Services, said "Working with Topix is a great way for us to make our video news available to a wider audience.
The recent weakness in the Topix and Nikkei 225 is a reflection of this concern, as positive quarterly earnings results have gone largely unnoticed and unremarked upon.
TOKYO, March 9 Kyodo Tokyo Stock Exchange's TOPIX Contract Close
Politix, which is powered by Topix, launched in early March 2012 and released its iPhone app in May 2012.
The Nikkei and Topix indexes extended gains in the afternoon as the U.
Topix has built the only web-scalable forum platform, which balances algorithmic and human moderation -- as well as speed and stability -- to provide hyper-local participation on a nationwide network of sites.
Topix gives users the ability to contribute local stories and commentary in thousands of towns across the United States, which in turn provides Topix with a unique and valuable asset," said Chris Tolles.
The Topix has seen a "golden cross" (a bullish sign where a shorter moving average crosses upward through a longer moving average) between its 40-week and 80-week moving averages.