NASDAQ Comp. Index components | values (XC0009694271)
WHAT IS THE NASDAQ COMPOSITE INDEX?
The Nasdaq Composite is the largest stock index on the NASDAQ. It lists over 3,000 companies, primarily in the technology sector. All stocks listed on the NASDAQ have a four-letter code (e.g. AMZN for Amazon.com or MSFT for Microsoft). In contrast to the Nasdaq Composite, the NASDAQ 100 index includes the 100 technology stocks with the highest market capitalization.
HOW IS THE NASDAQ COMPOSITE CALCULATED?
The Nasdaq Composite is a price index. The index level is determined exclusively based on stock prices and only adjusted for income from subscription rights and special payments. The weighting is based on the market capitalization of the listed companies. Capital measures such as stock splits have no (distorting) effect on the index. Calculation is updated every second during NASDAQ trading hours from 9:30 am to 4:00 pm local time (3:30 pm to 10:00 pm CET). The Nasdaq Composite reflects the performance of all companies traded on the NASDAQ.
NASDAQ COMPOSITE COMPONENTS
The Nasdaq Composite is a stock index calculated by the Nasdaq Stock Market, Inc. and reflects the performance of more than 3,000 companies listed on the Nasdaq exchange. The index is broader than the Nasdaq 100, which only includes the 100 largest companies in the Nasdaq Composite index.
The Nasdaq Composite index includes companies from various industries, including technology, telecommunications, biotechnology, media, and retail. The index is often used as a benchmark for the technology sector and is an important indicator of the performance of growth companies.
The Nasdaq Composite index is weighted by market capitalization, which means that the largest companies in the index have a greater impact on the overall performance than smaller companies. Companies such as Apple, Amazon, Microsoft, Meta (formerly Facebook), and Alphabet (formerly Google) therefore have a significant influence on the index.