Search results
Oct 16, 2020 · The Tokyo Price Index, known as TOPIX, is a Japanese stock market index calculated and published by the Tokyo Stock Exchange (TSE). TOPIX tracks domestic companies in the...
- Will Kenton
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
People also ask
What is TOPIX index?
What is the difference between nikkei & TOPIX indices?
What is Topix & how does it work?
Which index is more accurate Nikkei 225 or Topix?
TOPIX is a market benchmark with functionality as an investable index, covering an extensive proportion of the Japanese stock market. 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 ...
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. In fact, the TOPIX was created in 1985 as a way to follow the performance of the Japanese economy more accurately than the Nikkei 225.
Mar 20, 2024 · TOPIX is a capitalization-weighted index representing Japan’s largest firms by market capitalization. It offers a comprehensive view of the Japanese stock market compared to the price-weighted Nikkei index. TOPIX sector indices aid sector-specific analysis across diverse industries.
TOPIX Index (JTPX) Contract Size: TOPIX Index times 10,000 JPY Exchange: OSE Sector: Index Tick Size: 0.5 Tick Value: 5000 JPY Big Point Value (BPV): 10000 Denomination: JPY Decimal Place: 1
Aug 22, 2016 · 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 just 225 share...
