Riccardo
Wed Nov 20 2024
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7 answers
1489
What is Taiwan Stock Exchange capitalization weighted stock index (TAIEX)?
The Taiwan Stock Exchange capitalization weighted stock index (TAIEX) is a key indicator of Taiwan's economic trend. It is compiled by the Taiwan Stock Exchange using the Passche weighted formula, similar to the S&P 500 in the US, and considers the market value of listed stocks as weights to calculate the index. The TAIEX provides a comprehensive measure of the overall market performance and is closely watched by investors and analysts.
