Good opening for him PSI 20which the stock market begins on Wednesday, November 12, with notable increases in 1.21%until 8,293.84 pointsafter the opening. If we compare the number with previous dates, the indicator turns the tables on the previous day, in which it recorded a decrease of 1.56%, which indicates that it is unable to determine a specific trend.
Taking into account last week, PSI 20 represents a decrease of 2.24%; However, last year there was still an increase in 29.02%. he PSI 20 A. is located 2.24% Below the maximum so far this year (8484.01 points) and 32.62% Above the minimum rating for the current year (6,253.96 points).
Stock index It is an indicator that measures the development of the price of a specific group of assetsSo it uses data from different companies or sectors in a part of the market.
These indicators are mainly used by stock exchanges in various countries around the world Each of them can be combined by companies with certain characteristics Such as having a similar market value or belonging to the same type of industry. In addition, there are some indices that only take into account a handful of stocks to determine their value, or other indices that take into account hundreds of stocks.
Stock market indices act as Stock market confidence index, business confidence, national and global economic health, and stock investment performance And company shares. In general, if investors do not have confidence, stock values tend to decline.
Likewise, they work to measure Asset manager performance Allow investors to make comparisons between profitability and risk; Measure financial asset opportunities or create portfolios.
This type of indicator began to be used at the end of the nineteenth century Journalist Charles H. Dao. He looked closely at how stocks of companies tended to rise or fall in price together, so he created two indices: one containing the 20 most important railroad companies (because they were the most important industry at the time), plus 12 stocks from other types of companies.
Currently there are many indicators and They can be linked based on their geography, sectors, company size or also asset typeFor example, the US Nasdaq index consists of the top 100 companies mostly related to technologies such as 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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