Usually, we are aware about the details of only a few stock indices in the world. This post aims to widen your horizon. The table has enumerated some of the facts about 10 other countries’ stock index generally quoted, other than India.
|Country||Stock Index||Stock Exchange||No of Companies||Birth year||Index kind|
|Brazil||Bovespa||Sao Paulo Exchange||56||1968||capitalization-weighted|
|China||SE Shang composite||Shanghai Stock Exchange||(Unavailable)||1990||capitalization-weighted|
|France||CAC||Paris Stock Exchange||40||1987||capitalization-weighted|
|Germany||DAX||Frankfurt Stock Exchange||30||1988||capitalization-weighted|
|Hong Kong||Hang Seng Index||Hong Kong Stock Exchange||33||1969||(Unavailable)|
|India||Sensex||Bombay Stock Exchange||30||1986||capitalization-weighted|
|Japan||Nikkei||Tokyo Stock Exchange||225||1949||price-weighted|
|Korea||KOSPI||Korean Stock Exchange||200||1964||capitalization-weighted|
|Mexico||Mexbol||Mexican Stock Exchange||(Unavailable)||1978||capitalization-weighted|
|US||Nasdaq composite||Nasdaq Stock Market||5540*||1971||capitalization-weighted|
|UK||FTSE||London Stock Exchange||100||1984||capitalization-weighted|
*Subject to change
Capitalization weighted: It means that firms with the largest market value have the greatest influence on the indices’ value.
Price weighted: A stock index in which each stock influences the index in proportion to its price per share. Stocks with a higher price will be given more weight and, therefore, will have a greater influence over the performance of the index.
NOTE: The number of companies refer to the number of companies included in the computation of the indices.