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Share price index

An index of the prices of shares of some specific type. Share price indexes are published in all countries with stock exchanges. They vary in the range of industries they cover, and the number of companies whose shares are included. For US shares see the Dow Jones index; for the UK see the Financial Times Stock Exchange indexes; for Japan see the Nikkei index; for Hong Kong, the Hang Seng index.

Reference: Oxford Press Dictonary of Economics, 5th edt.