Meaning NYSE COMPOSITE INDEX: Composite index covering price movements of all new world common stocks listed on the New York Stock Exchange. It is based on the close of the market on December 31, 1965, at a level of 50.00, and is weighted according to the number of shares listed for each issue. Print changes in the index are converted to dollars and cents so as to provide a meaningful measure of changes in the average price of listed stocks. The composite index is supplemented by separate indexes for four industry groups: industrial, transportation, utility, and finance
More terms such as NYSE composite index in Dictionary N.
- Definition Neutral Period:
- Examples In the Euromarket, a period over which Eurodollars are sold is said to be neutral if it does not start or end on either a Friday or the day before a holiday nyse composite index definition.
- Definition Net Period:
- Examples The period of time between the end of the discount period and the date payment is due nyse composite index explain.
- Definition Nonreproducible Assets:
- Examples A tangible asset with unique physical properties, like a parcel of land, a mine, or a work of art nyse composite index what is.
- Definition Nonparallel Shift In The Yield Curve:
- Examples A shift in the yield curve in which yields do not change by the same number of basis points for every maturity. Related: Parallel shift in the yield curve nyse composite index meaning.
- Definition New Issue:
- Examples Securities that are publicly offered for the first time, whether in an IPO or as an additional issue of stocks or bonds by a company that is already public nyse composite index abbreviation.
