July 18, 2010

SAX - Slovak Share Index

FRANKFURT AM MAIN, GERMANY - OCTOBER 29:  A ma...Image by Getty Images via @daylife

SAX (abbr. from Slovenský akciový index; in Slovak: Slovak Share Index) is the official stock index of Bratislava Stock Exchange. It is a capital-weighted index based on a comparison of market capitalization selected set of shares with a market capitalization of the same set of the reference date. It is an index that reflects the overall change of assets associated with investing in shares, which are included in the index. It includes changes in prices as well as dividend income and income related to changes in the size of the share capital.
 The initial value of the index is 100 points and binds to the date of the 14 September 1993.

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