Amex Composite Index

Amex Composite Index definition - finance
A composite value of all of the stocks traded on the American Stock Exchange. The value of each stock in the American Stock Exchange is derived by multiplying the stockÂ’s market price by the number of shares outstanding. The trading symbol is XAX.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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