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- TOPIX indices are calculated by the Tokyo Stock Exchange while the Nikkei is calculated by Nihon-Keizai Shimbun, a popularly read newspaper in Japan distributed by Nikkei Digital Media. TOPIX indices are free-float adjusted with a market capitalization weight while the Nikkei is an average-price weight where higher-priced stocks impact the index.
www.oreilly.com/library/view/inside-the-currency/9781118149331/ch008-sec017.htmlJapanese Nikkei 225 and TOPIX Indices - Inside the Currency ...
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The TOPIX and Nikkei are the two major stock indices in Japan. Together, with their sub indices they track large Japanese listed stocks. The Nikkei is price weighted, while the TOPIX is cap-weighted. The JASDAQ and JPX-Nikkei indices track unique data points and markets.
- Bryan Shealy
The Topix is a broad market-cap based index, while the Nikkei, described by CLSA’s strategist Nicholas Smith as “a Flintstones index from an abacus age”, is an average of...
TOPIX is a free-float adjusted market capitalization-weighted index. TOPIX shows the measure of current market capitalization assuming that market capitalization as of the base date (January 4 ,1968) is 100 points. This is a measure of the overall trend in the stock market, and is used as a benchmark for investment in japan stocks.
Oct 16, 2020 · Compared to the Nikkei, or Japan's Nikkei 225 Stock Average, the TOPIX is considered a more appropriate representation of all the Japanese stock markets because it reflects a fairer...
- Will Kenton
May 26, 2022 · The TOPIX is a much more accurate index of the Japanese overall economy than the Nikkei 225. This is because it reflects a fairer depiction of price changes and includes the largest companies trading on the TSE.
Jan 23, 2018 · The TOPIX and Nikkei have higher earnings yields (the reciprocal of the price/earnings ratio) than the S&P 500 and the Dow Jones Industrial Average (Figure 4). They also trade at much lower...
Apr 28, 2022 · TOPIX vs. Nikkei . The Tokyo Price Index—frequently referred to as TOPIX—is another widely followed index on the Tokyo Stock Exchange. While the Nikkei is an index of 225 selected stocks from...
