stock index

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Stock index

Stock Index

A group of stocks put together in a standardized way to provide a useful window into a sector or market's performance at a glance. That is, a stock index groups together a certain list of stocks and usually takes an average of their prices so as to provide an idea of how the industry or market represented in the stock index is doing. Very often, stock indices are weighted to prevent a few data points from overwhelming it. For example, the S&P 500 is weighted according to market capitalization, while the DJIA is weighted for price.

stock index

See index.
References in periodicals archive ?
Gilmore et al (2009) in their study showed that stock market index is related to gold mining company's gold price index in the long period after using the daily data from June 1996 to January 2007 by applying the financial economic tools.
Dow Jones Zimbabwe Total Stock Market Index (USD) - 16/9/2011
Several recent studies are examining the relationship between the stock market index and macroeconomic and global variables for Poland and related countries.
The Dow Jones MENA Broad Stock Market Index currently covers Bahrain, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Saudi Arabia, Tunisia and the United Arab Emirates.
The objective of the scientific work is to create the model of the impact of macroeconomic indicators on stock market index, which could enable to present a complex estimation of causality and dependence of the relation between macroeconomic indicators and stock market index during the long and the short runs.
Fung and Lie (1990) concluded that the response of the stock market index to changes in domestic production and money supply was weak in Korea.
Keywords: Stock Market Index, Inflation, Interest Rate, Exchange Rate, VAR Analysis
As of 30 September 2010, the Dow Jones MENA Broad Stock Market Index had a year-to-date performance of 8.