Bearish session for Best 100which ended the stock market session on Monday, November 10, with a decline 1.24%until 10789.03 points. The selectivity has reached the maximum size 11,044.47 points Minimum size 10,788.69 points. Trading range for Best 100 Between the highest and lowest points (maximum and minimum) during this day I stood at 2.32%.
Taking into account the last seven days, and Best 100 Accumulates a decrease of 2.45%; On the contrary, last year still accumulating an increase in 17.47%. he Best 100 A is located 6.42% Below this year’s maximum (11,529.80 points) and a 19.76% Higher than his minimum rating so far this year (9008.85 points).
Stock index It is an indicator that shows how the value of a group of assets has changed.which needs to obtain data from different companies or sectors in a part of the market.
These indicators are mainly used by stock exchanges in various countries 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 the entity’s shares. If investors do not have confidence, stock prices tend to fall.
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 carefully analyzed how company stocks 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 in humanity there are various indications and They can group based on their geography, sectors, company size or also asset typeFor example, the US Nasdaq index consists of the 100 largest companies that are largely 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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