It was a good opportunity for him PSI 20the stock market opens on Wednesday, November 12th with a notable rally. 1.21%to, 8,293.84 pointsAfter opening. If we compare this number with historical dates, we find that no clear trend can be established, with the previous day’s index registering a -1.56% decline.
Considering last week, PSI 20 Recording a decrease of 2.24%. However, it is still on the rise last year. 29.02%. he PSI 20 is located in 2.24% This is below the highest value so far this year (8,484.01 points). 32.62% This exceeded this year’s lowest valuation (6,253.96 points).
stock index It is an indicator that measures the price development of a specific set of assets.so data from different companies and sectors of the market is used.
These indicators are mainly used by stock exchanges around the world. Each can be integrated by companies with specific characteristics 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 company stock. Generally, 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; He carefully observed how companies’ stock prices tended to rise or fall, so he created two indexes. 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.
Currently, various indicators exist, You can associate based on geography, sector, company size, or asset type.For example, the US Nasdaq index is comprised of 100 large 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).
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