VINX 30

AAA

DEFINITION of 'VINX 30'

A stock index that tracks the 30 largest companies with the most heavily-traded stocks on the Nordic stock exchanges. VINX 30 is denominated in euros and is an adjustable free-floating index. It tracks stocks that trade on the exchanges in Helsinki, Copenhagen and Stockholm.

INVESTOPEDIA EXPLAINS 'VINX 30'

The VINX 30 acts as a benchmark for investors who wish to track their Nordic investments against a similar index. There is also an ETF called the XACT Nordic 30 that owns the 30 stocks in this index. Investors who want to follow the returns of the index can do so by investing in this fund.

RELATED TERMS
  1. Wilshire 5000 Total Market Index ...

    A market capitalization-weighted index composed of more than ...
  2. Index

    A statistical measure of change in an economy or a securities ...
  3. Russell 2000 Index

    An index measuring the performance approximately 2,000 small-cap ...
  4. Standard & Poor's 500 Index - S&P ...

    An index of 500 stocks chosen for market size, liquidity and ...
  5. S&P 500 Mini

    A derivative contract representing a designated fraction of the ...
  6. Welfare Capitalism

    Definition of welfare capitalism.
Related Articles
  1. Trading The QQQQ With In-The-Money Put ...
    Options & Futures

    Trading The QQQQ With In-The-Money Put ...

  2. Finding Market Movement With The ADX
    Forex Education

    Finding Market Movement With The ADX

  3. The ABCs Of Stock Indexes
    Economics

    The ABCs Of Stock Indexes

  4. Iraqi Dinar: Can Comparables Guide Investment?
    Fundamental Analysis

    Iraqi Dinar: Can Comparables Guide Investment?

comments powered by Disqus
Hot Definitions
  1. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  2. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  3. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  4. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  5. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  6. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
Trading Center