What is DJIA/Dow Jones?
The DJIA is also called as DOW, Dow Jones. DJIA is one of the oldest stock market indexes in USA. DJIA stands for Dow Jones Industrial Average. Like any other stock market index, DJIA also an indicator of overall performance of the stock market. The DJIA is composed up of 30 top companies and industry leaders from different sectors traded daily in New York Stock Exchange or NASDAQ.
DJIA is created by Wall Street Journal editor and Dow Jones & Company founder Charles Dow in 1896. DJIA is criticized for being a price-weighted average. Since it gives high-priced stocks more value than their counterparts while computing DJIA. I.e the stock with $20 price has more influence on DJIA than a $10 stock.
Related posts
Comments
Leave a Reply
-
-
Recently Posted
- Disadvantages of Mutual funds
- Advantages of Mutual Funds
- History of Mutual Funds
- What is a Mutual Fund?
- Financial Ratios – Dividend Policy Ratios
- Financial Ratios – Profitability Ratios
- Financial Ratios - Turnover Ratios
- Financial Ratios - Leverage Ratios
- What are Financial Ratios – Ratio Analysis
- How to survive a bear market
-
Polls
Loading ...
WP Cumulus Flash tag cloud by Roy Tanck requires Flash Player 9 or better.
-
-
FREE E-mail Subscription
Most Viewed posts
- 9 tips for success of share market investors
- BSE NSE list of Holidays 2009
- Bulk Deals and Block Deals
- Let’s understand Stock quotes - BSE Quotes
- NSE Quotes – Record Date/ Book Closure Date/Ex Date/BC Start Date/BC End Date
- Trade Clearing and Settlement in Stock Markets
- What is CRR (Cash Reserve Ratio) ?
- What is IPO?
- What is Recession ?
- What is Repo Rate, Reverse Repo Rate ?
- What is sensex ?
- kuldeep commented on NSE Quotes – Record Date/ Book Closure Date/Ex Date/BC Start Date/BC End Date
- indu garg commented on NSE Quotes – ND start Date/ND End Date
- vikash kothari commented on NSE Quotes – Record Date/ Book Closure Date/Ex Date/BC Start Date/BC End Date
- AMIT KAPOOR commented on Call Money Market
- Kelli commented on What are Financial Ratios – Ratio Analysis
- Satyam commented on BSE quotes - Open/High/Low
- VIPUL LANGALIA commented on BSE quotes - Open/High/Low
- Harsh commented on Bulk Deals and Block Deals
-
Categories
-
Archives
Latest Comments
