S&P/Citigroup Broad Market Index (BMI) Global

AAA

DEFINITION of 'S&P/Citigroup Broad Market Index (BMI) Global'

A market-capitalization-weighted index maintained by Standard and Poor's providing a broad measure of the global equities markets. The S&P/Citigroup Broad Market Index (BMI) Global includes approximately 11,000 companies in more than 52 countries covering both developed and emerging markets.

INVESTOPEDIA EXPLAINS 'S&P/Citigroup Broad Market Index (BMI) Global'

A country will be eligible for inclusion in the index if it has float-adjusted market capitalization of US$1 billion or more and its market capitalization weight is at least 40 basis points in either the emerging market or developed world indexes. A company will be eligible to be included in the index if it has float-adjusted market value of US$100 million or more, with a minimum of US$50 million value traded over the past 12 months.

RELATED TERMS
  1. Sector Fund

    A stock mutual, exchange-traded or closed-end fund that invests ...
  2. Subindex

    A group of securities that are part of a larger classification, ...
  3. Standard & Poor's - S&P

    The world's leading index provider and the foremost source of ...
  4. S&P/Citigroup Broad Market Index ...

    A market-capitalization weighted index maintained by Standard ...
  5. S&P 500/Citigroup Value Index

    A market-capitalization-weighted index developed by Standard ...
  6. Weighted Average Market Capitalization

    A stock market index weighted by the market capitalization of ...
Related Articles
  1. An Introduction To Stock Market Indexes
    Investing Basics

    An Introduction To Stock Market Indexes

  2. Is it possible to invest in an index?
    Investing

    Is it possible to invest in an index?

  3. 5 Reasons To Avoid Index Funds
    Mutual Funds & ETFs

    5 Reasons To Avoid Index Funds

  4. The ABCs Of Stock Indexes
    Economics

    The ABCs Of Stock Indexes

Hot Definitions
  1. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  2. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  3. Call Risk

    The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem ...
  4. Parity Price

    When the price of an asset is directly linked to another price. Examples of parity price are: 1. Convertibles - the price ...
  5. Earnings Multiplier

    An adjustment made to a company's P/E ratio that takes into account current interest rates. The earnings multiplier is used ...
  6. Macroeconomics

    The field of economics that studies the behavior of the aggregate economy. Macroeconomics examines economy-wide phenomena ...
Trading Center