What does the number of points in the index mean? It is important for us investors to know the index points, but how do we get the index points? What does that mean? Here is a brief explanation for you.
What are the points of the index? Is it related to the "volume" of the index?
In fact, the index at the beginning of the index is supposed to be set For example, the CSI 300 Index set the average weighted market value of 300 stocks corresponding to the index at 1000 points on December 31, 2004. After that, if the 300 stocks increase by 5% on average, the index points will also increase by 5%. For example, the CSI 300 index rose 3000 points, which means that the companies behind the index have risen more than three times on average since its inception.
Since the starting point of the index is supposed to be set, some indexes are set to 1000 points, and some indexes are set to 100 points, so the number of points of the index has nothing to do with the volume.
