What does a share market index do?
- Submitted by 1 year ago
1
Answer
685
Donna Brown
Answered 1 year ago
An index tracks ASX-listed companies and is used as a reference point to measure the combined performance of their shares.
Once every three months on behalf of the ASX, S&P Dow Jones Indices checks to see that the companies listed on the index are still eligible by market capitalisation and if not, they switch the companies around to reflect that.
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