A stock market index or stock index is a market indicator that shows the general price level of common stock traded in a stock market. It is composed of a representative sample of stock and serves two main purposes.
A It traces the day - to - day general price movement of the market.
B. It reflects the performance of the market as a whole.
Stock index is a combination of a selected number of major share counters in a particular country. Some of the major indices are Dow Jones Industrial Index ( US ), NYSE Composite ( US ), FTSE 1-- Share ( UK ), Financial Times 30 - Share ( UK ), Weighted Index ( Taipei ), Hang Seng Index ( Hong Kong ), All Ordinaries
( Sydney / Melbourne ), Nikkei 225 ( Tokyo ), KLCI (Malaysia), NZSE - 40 Capital ( Wellington ), Composite ( Seoul ).
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