The general change in prices on each stock exchange is referred to as a “special index”. Each stock exchange is the index of its he decides how to prepare it. And the index explains the calculation method.
The Istanbul Stock Exchange also has an index. Since there is only one stock exchange in Turkey, it is simply called the “Stock Index” or “Stock Index”.
Our Stock Market Index is roughly calculated as follows:
- “The index reflects the price change in the stocks traded in the first market” of the Stock Exchange. For the time being, 50 securities are traded in the First Market.
- The “Paid-in Capital” figures of each of the stocks traded in the First Market in January 1986 were found, and then the “Paid-in Capital” figures of a TL 1.OO0 share of these companies in January 1986 were calculated. Trading price on the stock exchange, nominal (on paper)
multiplied by the capital amount of those companies. “Market Value” at that moment was calculated.
(Let me explain this more clearly with an example: A company total paid-in capital at incorporation 1 billion TL. But l.000 shares of this company It’s trading at 3,000 TL on the stock exchange. Then this is the “Market Value” of the company today is the “Market Value” of the company at the date of its establishment. Not 1 billion TL. 1 billion TL x 3 = 3 billion TL)
- Each day, at the close of the Stock Exchange Session, Stock Exchange officials calculate the “Market Capitalization” for each company by multiplying the average price of each stock traded on the First Market by the company’s paid-in capital.
The Market Values of all these companies are then added together. This figure is divided by the January 1986 (base-beginning) figure. You get a ratio. This one rate, a day ago, a week, a month, a year ago Compared to the ratios, the Stock Exchange’s “overall Monitoring the increase or decrease of prices “as chance to make a capital increase.
(Base for companies’ capital increases through rights issues value is corrected. Index calculation there is the technical side. For a simple explanation here is this techniques are not mentioned).
