Topix Core 30 Index
Definition of 'Topix Core 30 Index'The Topix Core 30 Index is a market index composed of 30 of the largest companies out of the stocks listed on the First Section of Japan's Tokyo Stock Exchange. The Topix Core 30 is one of several different Topix indexes. The Core 30 Index is meant to measure the performance of the 30 companies which are both highly liquid and have the largest market capitalizations. The index is weighted by companies free floats. |
|
Investopedia explains 'Topix Core 30 Index'The name Topix is an acronym for Tokyo Stock Price Index. It is one of two widely followed index families on the Tokyo Stock Exchange, the other being the Nikkei. In terms of the method of calculation and the use of the index, the Topix indexes can be thought of as being similar to the S&P indexes used in the United States. The Nikkei index is most similar to the U.S. Dow Jones Industrial Average index. |
Related Definitions
Articles Of Interest
-
The Hidden Differences Between Index Funds
These funds don't all match index returns. Find out how to avoid costly surprises. -
An Introduction To Stock Market Indexes
Be in the know - learn about the five most talked about indexes and what makes them all different. -
Why It Pays To Be A Lazy Investor
Be a couch potato! This passive, but diversified, investing strategy could be for you. -
The Lowdown On Index Funds
If you can't beat the market, why not join it? Read on to go over your options. -
The ABCs Of Stock Indexes
Indexes can track market trends, but they're not always reliable. Can you trust them? -
The NYSE And Nasdaq: How They Work
Learn some of the important differences in the way these exchanges operate and the securities that trade on them. -
Will Quantitative Easing Be Japan's Savior?
The quantitative easing program, recently announced by the new governor of the Bank of Japan, Haruhiko Kuroda, is for a cash infusion of $1.4 trillion by the end of 2014. Will it help the Japanese ... -
Multi-Asset Funds Or Your Own Mix?
The underlying concept of mixed funds is very appealing. Discover if you're better off with professional management or creating a mixed fund of your own. -
The Best ETFs For Your 401k
ETFs can be a good alternative to traditional retirement fund options because of their low cost, superior performance and liquidity. -
Why You Should Invest In Municipal Bond ETFs
These versatile instruments have become popular with investors in higher tax brackets and fill a specific niche in the wide selection of fixed-income offerings.
Free Annual Reports