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Nikkei

 
Dictionary: Nik·kei or Nik·kei Stock Average (') pronunciation
 

A trademark used for an index of the relative price of selected stocks listed on the Tokyo Stock Exchange.


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Short for Japan's Nikkei 225 Stock Average, the leading and most-respected index of Japanese stocks. It is a price-weighted index comprised of Japan's top 225 blue-chip companies on the Tokyo Stock Exchange. The Nikkei is equivalent to the Dow Jones Industrial Average Index in the U.S. In fact, it was called the Nikkei Dow Jones Stock Average from 1975 to 1985.

Investopedia Says:
The index has been calculated since Sept 1950 (retroactively since to May 1949). A few years after the country's leading business newspaper the (Nikkei or Japan Economic Daily) began to commission the calculations, it was renamed.

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Financial & Investment Dictionary: Nikkei Stock Average
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Index of 225 leading stocks traded on the Tokyo Stock Exchange. Called the Nikkei Dow Jones Stock Average until it was renamed in May 1985, it is similar to the Dow Jones Industrial Average because it is composed of representative Blue Chip companies (termed first-section companies in Japan) and is a Price-Weighted Index. That means that the movement of each stock, in yen or dollars respectively, is weighed equally regardless of its market capitalization. The Nikkei Stock Average, informally called the Nikkei Index and often still referred to as the Nikkei Dow, is published by the Nihon Keizai Shimbun (Japan Economic Journal) and is the most widely quoted Japanese stock index.

Also widely quoted is the Tokyo Stock Price Index (Topix) of all issues listed in the First Section.

 
Abbreviations: NIKKEI
Top
is short for:

Stock index in Japan

 
Wikipedia: Nikkei 225
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Nikkei 225

Nikkei 225 (日経平均株価 Nikkei heikin kabuka?, 日経225) is a stock market index for the Tokyo Stock Exchange (TSE). It has been calculated daily by the Nihon Keizai Shimbun (Nikkei) newspaper since 1950. It is a price-weighted average (the unit is yen), and the components are reviewed once a year. Currently, the Nikkei is the most widely quoted average of Japanese equities, similar to the Dow Jones Industrial Average. In fact, it was known as the "Nikkei Dow Jones Stock Average" from 1975 to 1985.[1]

The Nikkei 225 began to be calculated on September 7, 1950, retroactively calculated back to May 16, 1949.

The Nikkei 225 Futures, introduced at Singapore Exchange (SGX) in 1986, the Osaka Securities Exchange (OSE) in 1988, Chicago Mercantile Exchange (CME) in 1990, is now an internationally recognized futures index.[2]

The Nikkei average hit its all-time high on December 29, 1989 when it reached an intra-day high of 38,957.44 before closing at 38,915.87. Its high for the 21st century stands just above 18,300 points.

Another major index for the Tokyo Stock Exchange is the Topix..

Contents

Weighting and modifications

Stocks are weighted on the Nikkei 225 by giving an equal weighting based on a par value of 50 yen per share. Events such as stock splits, removals and additions of constituents impact upon the effective weighting of individual stocks and the divisor. The Nikkei 225 is designed to reflect the overall market, so there is no specific weighting of industries.

Changes to the components

Stocks are reviewed annually and announcements of review results are made in September. Changes, if required, are made at the beginning of October. Changes may also take place at any time if a stock is found to be ineligible for the Stock Average (e.g. delistings, etc.). All proposed changes will be announced in Nikkei's Japanese newspapers and will appear on NNI.

After a stock has been replaced, the divisor is reviewed and modified to ensure a smooth transition of the stock index.

Components

As of June 2009, the Nikkei 225 consists of the following companies: (Japanese securities identification code in parentheses)

Foods

Textiles & apparel

Pulp & paper

Chemicals

Pharmaceuticals

Oil & coal products

Rubber products

Glass & ceramics

Steel products

Nonferrous metals

Machinery

Electric machinery

Shipbuilding

Automotive

Precision instruments

Other manufacturing

Fishery

Mining

Construction

Trading companies

Retail

Banking

Securities

Insurance

Other financial services

Real estate

Railway/bus

Other land transport

Marine transport

Air transport

Warehousing

  • Mitsubishi Logistics Corp. (TYO: 9301)

Communications

Electric power

Gas

Services


References

External links


 
Translations: Nikkei
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Dansk (Danish)
idioms:

  • nikkei average    Nikkeis gennemsnit
  • nikkei index    Nikkeis indeks (børs)

Français (French)
idioms:

  • nikkei average    moyenne Nikkei
  • nikkei index    Indice de la Bourse de Tokyo, Indice Nikkei

Deutsch (German)
idioms:

  • nikkei average    Nikkei-Index (der Wertpapierpreise an der Tokioer Börse)
  • nikkei index    Nikkei-Index (der Wertpapierpreise an der Tokioer

Ελληνική (Greek)
idioms:

  • nikkei average    μέσος δείκτης τιμών του χρηματιστηρίου του Τόκιο
  • nikkei index    δείκτης τιμών του χρηματιστηρίου του Τόκιο

Italiano (Italian)
borsa di Tokio

idioms:

  • nikkei average    indice Nikkei
  • nikkei index    indice Nikkei

Português (Portuguese)
n. - descendente de japoneses

idioms:

  • nikkei average    média Nikkei
  • nikkei index    índice Nikkei

Русский (Russian)
индекс Никкей

idioms:

  • nikkei average    средний Никкей
  • nikkei index    индекс Никкей

Español (Spanish)
idioms:

  • nikkei average    promedio Nikkei
  • nikkei index    índice de los precios de las acciones en la bolsa de Tokio

Svenska (Swedish)
n. - Nikkeis index (börs)

中文(简体)(Chinese (Simplified))
日经

idioms:

  • nikkei average    日经平均指数
  • nikkei index    日经指数

中文(繁體)(Chinese (Traditional))
日經

idioms:

  • nikkei average    日經平均指數
  • nikkei index    日經指數

한국어 (Korean)
일본 도쿄의 주식시장

idioms:

  • nikkei average    일본 도쿄의 주식시장의 주식가표
  • nikkei index    일본 도쿄의 주식시장의 주식가표

日本語 (Japanese)
n. - 日経
adj. - 日経の

idioms:

  • nikkei average    日経平均
  • nikkei index    日経指数

עברית (Hebrew)
nikkei average - ‮ממוצע שערי הניקיי‬


 
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Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2007. Published by Houghton Mifflin Company. All rights reserved.  Read more
Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
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Wikipedia. This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Nikkei 225" Read more
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