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NEW YORK STOCK EXCHANGE (NYSE) COMPOSITE INDEX Definition & Legal Meaning

Definition & Citations:

Market capitalization value weighted index. Covers common stock price movements as ordinary shares of some 2300 firms listed on NYSE. , All shares relate to an aggregate market capitalization value set December 31, 1965, and adjusted for capitalization changes. Base index value is $50. On December 4, 2006, it exceeded 9000.

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