A stock index which is computed by adding the prices of each stock in the index, and then dividing by the divisor.
See Also:
Index: A compilation of the prices of several common entities (stocks) into a single number. An index is a group of stocks which can be traded as one portfolio, such as the S&P 500. Broad-based indexes cover a wide range of industries and companies and narrow-based indexes cover stocks in one industry or economic sector.
Price: Price of a share of common stock on the date shown. Highs and lows are based on the highest and lowest intra-day trading price.
