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OMX Stockholm 30 this September 23: the day closed down

This year the markets have registered continuous volatility.  (Infobae)
This year the markets have registered continuous volatility. (Infobae)

A negative day for him OMX 30which ended on Friday, September 23, with falls 1.09%to the 1,817.96 points. The IS OMX 30 score a maximum of 1,840.65 points and the minimum number thereof 1,799.79 points. The trading range for OMX 30 between the highest point and the lowest point (maximum-minimum) during this day stood at 2.22%.

As for the last seven days, the OMX 30 accumulates decrease i 3.38%so in year-on-year terms there is always a fall 21.41%. The IS OMX 30 one stands 25.98% below its maximum this year (2,456.17 points)

Stock market indices… what?

stock index It is an indicator used to show the evolution of the price of a set of assetsif it collects data from different companies or sectors of the market.

These indicators are mainly used by the stock exchanges of different nations and firms with specific characteristics can integrate each such as having a similar market capitalization or belonging to the same type of business, there are also some indexes that consider only a handful of shares to determine their value or others that consider hundreds of shares.

Stock market indices act as an indicator of confidence in the stock market, business confidence, the health of the national and global economy and the performance of investments in shares and entity shares. If investors lack confidence, equity costs tend to fall.

They also work for the asset manager performance and allow investors to make comparisons between return and risk; the opportunities of measuring a financial asset or creating portfolios.

This type of indicators began to be used at the end of the 19th century after journalist Charles H. Dow. carefully analyzed how company stocks tended to go up or down together in price, so he created two indexes: one containing the top 20 railroad companies (since it was the largest industry at the time), as well as 12 actions of other types of businesses.

Currently in our economy there are various indices and they can be grouped by location, sector, company size or asset typeFor example, the US Nasdaq index consists of the 100 largest companies mainly related to technology such as Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Facebook (FB), Alphabet (GOOG), Tesla (TSLA). , Nvidia (NVDA), PayPal (PYPL), Comcast (CMCSA), Adobe (ADBE).

How is a stock index measured?

Each stock index has its own calculation method, but the main factor is the market capitalization of each company that integrates it. This is obtained by multiplying the day’s value of the title on the corresponding stock market by the total number of shares in circulation in the market.

Companies listed on the stock exchange are required to present a balance of its composition. That report must appear every three to six months, as the case may be.

The changes over time must be taken into account in order to read a stock index. New indices always start with a fixed value based on stock prices on your start date, but not everyone follows this method. Therefore, it can be confusing.

If one index sees an increase of 500 points in one day, while another index only adds 20, it may appear that the former has outperformed. However, if the first day started at 30,000 points and the next day at 300, it can be deduced that, in percentage terms, the gains for the latter were higher.

These are the main stock indices

Between the major US stock indexes There is the Dow Jones Industrial Average, better known Dow Jones, which includes 30 companies. Also, the S&P 500, including 500 of the largest companies on the New York Stock Exchange. Finally, it seems the 100 headsto associate 100 of the largest non-financial firms.

On the other hand, the most significant indexes of Europe is the Eurostoxx 50, covering the 50 largest companies in the eurozone. In addition, the DAX 30, Germany’s main index of the largest outstanding companies on the Frankfurt Stock Exchange; the FTSE 100 from the London Stock Exchange; the CAC 40 of the Paris Stock Exchange; and the IBEX 35of the Spanish stock market.

I Asiathe IS Nikkei 225, comprising the 225 largest companies on the Tokyo Stock Exchange. The IS SSE Composite Index, listed as the most prominent in China, consists of the most prominent companies on the Shanghai Stock Exchange. Similarly, it is worth mentioning the Hang Index Seung in Hong Kong and the KOSPI in South Korea.

Talking about it Latin American regionthe IS IPCin which swelling Top 35 companies of the Mexican Stock Exchange (BMV). At least a third of them belong to the capital of the tycoon Carlos Slim.

Another is the bovespa, composed of the 50 most important companies on the São Paulo stock exchange; the Merval from Argentina; the IPSA From Chile; the COLCAP MSCI from Colombia; the IBC de Caracas, made up of 6 companies from Venezuela.

Likewise, there are other types of global stock market indices such as the MSCI Latin Americawhich includes the 137 most important companies in Brazil, Chile, Colombia, Mexico and Peru.

Likewise, the MSCI World, including 1,600 companies from 23 developed countries; the MSCI Emerging Markets, made up of more than 800 companies from developing countries; and the S&P World 100made up of the 100 most powerful multinationals in the world.

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