Broad-Based Index

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Broad-Based Index

An index that consists of many stocks or stocks in many different industries. Broad-based indices are not terribly useful in gauging the performance of individual industries, but help give an indication on movements in the broader economy. An example of a broad-based index is the Wilshire 5000. See also: Narrow-based.
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These companies have outperformed the broad based index by 5.3 percent post result announcement.
We aspire to become the leading derivatives exchange for global and broad based indexes. The latest launches and record volumes in our MSCI segment show that we are on the right track, said Thomas Book, Eurex CEO and Head of Derivatives Markets Trading at Deutsche Brse Group.