Narrow-Based

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Also found in: Acronyms.

Narrow-Based

Generally referring to an index, it indicates that the index is composed of only a few stocks, generally in a specific industry group. See also broad-based.

Narrow-Based

Describing an index that consists of only a few stocks. Generally speaking, a narrow-based index only includes stocks from one industry. These indices are often useful in gauging the performance of the industries they track, but rarely give an indication on movements in the broader economy. See also: Broad-based.

narrow-based

Of or relating to an index composed of a limited number of securities or securities representing a particular segment of the whole. For example, the Dow Jones Transportation Average is narrow-based because it is composed only of the stocks of transportation companies. Compare broad-based.
References in periodicals archive ?
Cabating and two other suspects in the judge's killing, known only as Jerry and Ramil, have been charged, according to Antonio Pagatpat, deputy NBI director for regional operations service.
The foreigners operated in two houses where the NBI agents seized from their possession fraudulently acquired bank cards and password machines which they used to transfer funds from their victims into other bank accounts under their control, the NBI said.
It has recently come to the Central Bank of Ireland's ('Central Bank') attention, that a firm calling itself NBI Funds/NBI Funds PLC/NBI Funds Limited/NBI Funds Advisors Limited (Ireland and the United Kingdom) - www.nbifunds.com has been operating as an investment firm/investment business firm in the State in the absence of an appropriate authorisation.
Gierran said Razeek was arrested by operatives of the NBI's International Operation Division (NBI-IOD) last July 12 at his house in San Jose Del Monte City in Bulacan.
Guevarra expects more whistleblowers to come out and aid the NBI in its expanded investigation on reports that many other dialysis treatment establishments were involved in the irregularity.
The bank shall educate its entire staff and disseminate information about NBI App to their customers to support Financial Literacy awareness program and spread further at a greater pace than would have been possible.
" Eric Distor, assistant director for the NBI Intelligence Service, said that Jaljalis was arrested in a canteen in BarangaySta.
The other option is to do it by securing an NBI Form 5 and going to the nearest police station to get the rolled impressions.
The Sudanese minister of water resources and electricity said the overall investment preparation leveraged under the NBI currently stood at US$ 6.5 billion.
Chief Alex Peters sees the NBI as a "tremendous opportunity open to all First Nations" to re-write the rule book on balancing resource extraction with conservation and protection.
Meanwhile, Palad said Dera will be brought to the NBI headquarters in Manila.
NBI Director Dante Gierran identified the three arrested Koreans as Young Kook Kim, Jong Kook Choi, and Gee Poong Lee.