Nikkei Stock Average
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Nikkei stock average
Applies mainly to international equities. Price-weighted average of 225 stocks of the first section of the Tokyo Stock Exchange started on May 16, 1949. Japanese equivalent of the US Dow.
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Nikkei
A price-weighted index consisting of 225 prominent stocks on the Tokyo Stock Exchange. The Nikkei has been calculated since 1950 and its direction is considered an indicator of the state of the Japanese economy. Most analysts consider it the Japanese equivalent of the Dow Jones Industrial Average.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Nikkei Stock Average
A price-weighted average of the stock of 225 large companies listed in the First Section of the Tokyo Stock Exchange. The Nikkei Stock Average is the most widely quoted average of Japanese equities. Formerly called Nikkei-Dow Jones Average.
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.
Nikkei Stock Average.
The Nikkei Stock Average, sometimes call the Nikkei Index or simply the Nikkei, is a price-weighted index of 225 blue chip stocks traded on the Tokyo Stock Exchange.
The Nikkei, which was introduced in 1950, is frequently described as the Japanese equivalent of the Dow Jones Industrial Average (DJIA).
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