NYSE Composite Index

NYSE Composite Index – Thecomposite index covering price movements of all common stocks listed on the New York Stock Exchange. Itis based on the close of the market December 31, 1965, as 50 and is weighted according to the number of shares listed for each issue. The index is computed continuously and printed onthe ticker tape. Point changesin the index are converted to dollars and cents so as to provide a meaningful measure of changes in the average price of listed stocks.The composite index is supplemented by separate indexes for four industry groups: industrial, transportation, utility and finance.