the Nikkei 225 index

From Encyclopedia of MBA Think Tank ()

(Transferred from Nikkei 225 Stock Index)

Nikkei 225 stock index

Nikkei 225 Index (Japanese: Nikkei 225, English) is the stock price index of 225 varieties of Tokyo Stock Exchange launched by Nihon Keizai Shimbun. Therefore, this kind of index has a long duration and good comparability, and has become the most commonly used and reliable index to investigate the long-term evolution and latest changes of the Japanese stock market. The Nikkei index quoted by the media daily refers to this index.

The Nikkei 225 index is compiled by 1949, which is composed of the prices of 225 stocks listed in the first group of Tokyo Stock Exchange. This index is calculated and managed by Japan Economic News Corporation (NKS), spread through major international price reporting media, and widely used as a reference to represent the Japanese stock market by various countries.

1In September, 1986, Singapore International Finance Exchange (SIMEX) launched the Nikkei 225 stock index futures, which became a major historical milestone. Since then, the trading of Nikkei 225 stock index futures and options has also become an integral part of the investment strategy of many Japanese securities companies.

The Nikkei 225 Average Stock Index (Nikkei 225) is a stock index representing the Japanese stock market, and the data is published daily by the Nihon Keizai Shimbun. It is the oldest stock index (base period is 1947 =225), and it is the most familiar index for domestic and foreign investors and stock market stakeholders.

The highest point of Nikkei 225 index1989 65438+February 29th, 38,957.44 yen. On that day, the Nikkei index closed at 389 15.87 yen.

The Nikkei average stock index is calculated by correcting the official arithmetic average according to the stock indexes of 225 stocks with the most active trading volume and the highest market liquidity in Zhengdong. Although the stocks selected by the Nikkei 225 index only account for 20% of the first-class stocks of the Tokyo Stock Exchange, the stock index represents nearly 60% of the trading volume and nearly 50% of the total market value of the first-class stocks. Specifically, it is to choose stocks with high liquidity in science and technology, finance, transportation, public finance, capital integration and other, consumption and materials.

From 199 1 to 10, change the stocks with low liquidity every year into stocks with high liquidity and re-examine the constituent stocks. In order to further reflect the market liquidity and changes in industrial structure in the stock index, a new stock composition selection standard was formulated on April 24, 2000, and 30 stocks were replaced. At present, these stocks include well-known enterprises such as Panasonic, Nissan, Toyota, Nomura Securities, Shiseido and Kao.

In addition, there are the Nikkei 300 index calculated by circulation weighted average (Nikkei 300), the Nikkei 500 average stock index calculated by stock index correction arithmetic average, and the Nikkei Composite stock index calculated by circulation weighted average, but they are not as extensive as the Nikkei 225 in actual use.