3.3.3. The index of the New York Stock Exchange
(NYSE Index)
This index is a weighted market value index by movements in the shares of all corporations, registering their securities on the New York Stock Exchange, that is, in fact, this figure is the average price per share for all companies on the New York Stock Exchange, weighted by market value of shares of each corporation (with appropriate adjustments for stock splits factors, mergers and acquisitions). Unlike the Dow, which is expressed in points, the index of NYSE is expressed in dollars. Transactions in options on this index, carried out on most of the New York Stock Exchange.
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