Investor Glossary-amex composite indexInvestor Glossary-amex composite indexInvestor Glossary-amex composite indexInvestor Glossary-amex composite indexInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

AMEX Composite Index

The HTML to link to this page
 

The AMEX Composite Index is an index that reflects the combined market capitalization of securities traded on the American Stock Exchange. The AMEX Composite Index was first introduced in January 1997 and was calculated using a base value of 550 on December 29, 1995. AMEX Composite Index components include common stocks, REITs, closed end investment vehicles, ADRs, and master limited partnerships. The AMEX Composite Index is a market capitalization-weighted index where day-to-day price changes and number of outstanding shares of each AMEX Composite Index component influences the value of the index. New listings, delistings, suspensions, stock splits, dividends, and trading halts don't alter the AMEX Composite Index. The AMEX Composite Index is distinct from the AMEX Major Market Index, which is a price-weighted index of 20 blue chip stocks issued by major U.S. industrial corporations. On October 1, 2008 NYSE Euronext purchased the American Stock Exchange and in 2009 changed its name to NYSE Amex Equities. Although it is still referred to as simply the AMEX Composite Index and can be found under the symbol XAX, the AMEX Composite Index was renamed the NYSE AMEX Composite Index as a result of this purchase.



Rate this AMEX Composite Index definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: diluted share, real GDP, ex-dividend, FICO score, option premium, Zero Cost Collar, wholly-owned subsidiary, required rate of return, FTSE, LIBOR, labor relations, 144a, EBITDA, irrevocable trust, balance sheet, risk management, 401a, 1035 exchange, annual return, retained earnings, debt service coverage, 1031 exchange, Key Rate Duration, dividends payable, implied volatility, class C shares, quality assurance, in escrow, deferred revenue, minority interest, ex-dividend date, reverse mortgage, per diem, APR, liquidity ratio, current ratio, margin rate, cancelled check, open position, stock market close, VIX, inflation, stock split, command economy, limit order, phantom income, covered put, average price per share, deferred tax


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use