AMEXr Composite Index
AMEX Composite Index
An index, weighted for market value, of all stocks and other securities traded on the American Stock Exchange relative to their value on December 29, 1995.
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AMEX® Composite Index
A market-value-weighted index (market price times shares outstanding) of all AMEX-listed securities relative to their aggregate value on December 29, 1995. Index components include common stocks and American Depositary Receipts of all AMEX-listed companies, REITs, master limited partnerships, and closed-end investment companies. The day-to-day price change of each security is weighted by the security's market value.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.