It was a good opportunity for him FTSE MIB IDXStarting Thursday, November 13th, there will be a slight increase. 0.46%to, 44,998.85 pointsafter the opening session began. Comparing this number with the previous day, the stock index has continued to rise for four consecutive days.
Looking at the profitability of the last 7 days: FTSE MIB IDX recorded an increase of 4.48%, and the increase from a year ago is still cumulative. 33.5%.
stock index It is an indicator that shows how the price of a set of assets changes.for which it uses data from different companies or sectors of the market.
These indicators are mainly used by stock exchanges in each country. Each can be integrated by companies with specific requirements For example, they have similar market capitalization or belong to the same industry. Additionally, some indexes only consider a small number of stocks to determine their value, while others consider hundreds of stocks.
Stock market indexes play the following roles: Indicators showing stock market confidence, business confidence, the health of the domestic and global economy, and stock investment performance. and shares of the entity. If investors lack confidence, stock prices tend to fall.
Similarly, they are Asset management company performance Allows investors to compare profitability and risk. Measure financial asset opportunities and create portfolios.
This type of indicator began to be used at the end of the 19th century. journalist Charles H. Dow; The company created two indexes because it carefully studied how companies’ stock prices tended to rise or fall. One contained 20 of the most important railroad companies (as this was the most important industry at the time), and the other contained 12 stocks of other types of companies.
There are now various indicators, They can be clustered based on geography, sector, company size, or asset typeFor example, the U.S. Nasdaq index is made up of the 100 largest companies primarily related to technology, including Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Facebook (FB), Alphabet (GOOG), Tesla (TSLA), Nvidia (NVDA), PayPal (PYPL), Comcast (CMCSA), and Adobe (ADBE).