OMX Stockholm 30 starts February 2 on a high note

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News Team

This year, the markets have been experiencing a lot of ups and downs. The OMXS 30, which is a stock index, started off on February 2 with a 0.4% increase, reaching 2,374.37 points. This is good news, as it has seen two consecutive sessions of positive numbers. Looking back at the past week, the OMXS 30 has seen an increase of 0.18%, and over the past year, it has maintained an increase of 3.8%. However, it is still 0.86% below its maximum value for the year and 3.33% above its minimum value.

A stock index is an indicator that is used to track the value of a specific set of assets. These indicators are mainly used by stock exchanges and can be made up of companies with similar market capitalization or belonging to the same industry. They serve as an indicator of confidence in the stock market, business confidence, the health of the national and global economy, and the performance of investments in a company’s stocks and shares.

Stock indices began to be used at the end of the 19th century, and today there are various indices grouped by geography, sectors, size of companies, or the type of asset. Each stock index has its own calculation method, but the main factor is the market capitalization of each company that comprises it. Companies listed on the stock exchange are required to present a balance sheet of their composition every three or six months.

There are many stock indices around the world, including the Dow Jones Industrial Average, S&P 500, Nasdaq 100 in the United States, Eurostoxx 50, DAX 30, FTSE 100, CAC 40, and IBEX 35 in Europe, Nikkei 225, SSE Composite Index, Hang Seung Index, and KOSPI in Asia, and IPC, Bovespa, Merval, IPSA, MSCI COLCAP, and IBC in Latin America.

In addition to these regional indices, there are also global stock indices such as MSCI Latin America, MSCI World, MSCI Emerging Markets, and S&P Global 100. Each of these indices is made up of companies from different parts of the world, providing a comprehensive view of the global stock market.

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