Dictionary
Thesaurus
Encyclopedia
Translator
Web

amex® composite index

 - 1 dictionary result
Financial Dictionary

AMEX® Composite Index

A market-value-weighted index (market price times shares outstanding) of all AMEX-listed securities relative to their aggregate value on December 29, 1995. Index components include common stocks and American Depositary Receipts of all AMEX-listed companies, REITs, master limited partnerships, and closed-end investment companies. The day-to-day price change of each security is weighted by the security's market value.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Search another word or see amex® composite index on Thesaurus | Reference
FacebookTwitterFollow us: