subindex

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Subindex

A set of securities in an index whose performance is also tracked independent of the other securities in the index. An index may divide itself into subindicies for the different sectors it tracks. For example, the S&P 500 contains 10 subindices representing various sectors of the economy, such as energy or health care companies. A subindex may also be created for subsets of a specific sector. Given an index of the energy sector, for example, one may create subindices of oil companies and alternative energy companies.

subindex

An index based on a particular category of components that make up a larger index. For example, the Nasdaq Composite Index is subdivided into 11 subindexes for categories including banks, computers, industrials, insurance, and telecommunications. Subindexes provide an indication of how particular segments of the market are performing.
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The UAE jumped 12 places from ranking 36 in 2012 to 24 in 2013 in use sub-index and from 38 to 36 in access sub-index.
Improvements in the Economy sub-index have kindled overall advances in Asia, with China (51[sup.
The PMI's sub-index measuring new orders was stable at 50.
The US ranks outside of the top ten for the first time (down to 12th), pulled down primarily by a decline in the Entrepreneurship & Opportunity sub-index.
There are some encouraging signs in the August Australian PMIA with the production sub-index lifting and the forward-looking new orders sub-index rising strongly.
Namibia's ranking on the environment sub-index which gauges the friendliness of a country's market and regulatory framework in supporting high levels of ICT uptake and the development of entrepreneurship and innovation-prone conditions, was 44, scoring 4.
Summary: C*for it was finally listed back on the Dubai Financial Market general index and banking sub-index
The others sector was the only sub-index to post gain on Tuesday.
Lebanon ranked in 29th place globally, came in third place in the Arab region and in first place among UMICs on the Customs sub-index.
In this regard, Tunisia was ranked 36th at the level of the governance sub-index which encompasses the variable rule of law, government efficiency and political participation.
The sub-index measuring confidence rose to its strongest since March 2008 while the new export orders component rose to 54.