I l @ ve RuBoard |
The American Stock Exchange (AMEX) Market Value Index, or the AMEX index as it is more popularly known, lists 800 stocks that trade on the American Stock Exchange. Much like the NASDAQ, then, the AMEX index is primarily concerned with the performance of stocks in that particular market, rather than being geared to represent the overall American markets as a whole.
Plain English
The AMEX Market Value Index is composed of 800 stocks trading on the American Stock Exchange. This type of index believes the health of the American economy is best represented by the performance of the proprietary market.
I l @ ve RuBoard |