PX Index
The PX Index (until March 2006 the PX 50) is a capitalization-weighted index of major stocks that trade on the Prague Stock Exchange. Selected as the starting exchange day (a benchmark date) for the Index PX 50 was 5 April 1994 and its opening value was fixed at 1,000 points. At this time the index included 50 companies traded on the Prague Stock Exchange, accordingly named PX 50.
In 2014 Prague Stock Exchange introduced total return index PX-TR, that share same base as PX Index, but unlike PX index take into account dividends.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.