NYSE COMPOSITE

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The 'NYSE Composite' () is a stock market index covering all common stock listed on the New York Stock Exchange, including American Depositary Receipts, Real Estate Investment Trusts, tracking stocks, and foreign listings. Over 2,000 stocks are covered in the index, of which over 1,600 are from United States corporations and over 360 are foreign listings. It includes corporations in each of the ten industries listed in the Industry Classification Benchmark. It uses free-float market cap weighting.
It was originally given a value of 50 points, based on the market closing on December 31, 1965, and is weighted by the number of shares listed for each issue. It was re-introduced in January 2003 with a value of 5,000 points, and closed above the 10,000 level for the first time on June 1, 2007. The NYSE Composite set a closing high of 10,220.67 and an intra-day high of 10,238.25 in trading on July 13, 2007. Its lifetime low (as currently calculated) stands at 347.77 points, reached in October 1974.
The NYSE Composite has outperformed the Dow Jones Industrial Average, the Nasdaq Composite, and the S&P 500 in 2004, 2005, and 2006.[1]
The index is continuously computed, and printed on ticker tape every half hour, with point changes in the index converted to dollar amounts.
In addition to the overall composite, there are separate indices for industrial, transportation, utility, and financial corporations.
The index is the basis of the iShares NYSE Composite Index Fund (NYC), an exchange-traded fund.

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Notes



1. NYSE Composite Index® Continues to Set Records

External links



Yahoo! Finance page for ^NYA

Bloomberg page for NYA:IND

Terms page on nyse.com

NYSE Composite official brochure

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