It provides a comprehensive picture of market trends by the movements in general market prices as well as in the number of outstanding shares. Stock Price Index the preceding business day. Market capitalization of constituent stocks the preceding business day. Market capitalization is the sum of the products of the outstanding shares and current market price of each component stock. Outstanding shares include the issued and subscribed shares of common stock of the company.
Closing price is the day's last traded price of the company's shares of stock.
Constituent stocks is composed of the thirty common stocks of listed companies constituting the composite index. The composite index is computed using a fixed basket of 30 common stocks of listed companies, carefully selected from different industries to represent the general movement of the market prices. Accounting Conventions Indices are calculated on a daily basis. Nature of Basic Data Since the automation of trading in 1994, the Composite Index and sub-indices are computed through the computerized trading system and reflected in all computer terminals every 15 seconds. Real time trading results are broadcast over the radio, television and cable channels.