Global share market indices
A market index tracks the overal performance of a basket of stocks as a representation of market performance. An index may be for a specific market or a specific sector. Different indices may be weighted differently according to different criteria.
The oldest answer most well-known index is the Dow Jones Industrial Average (DJIA) or commonly shortened as the Dow. Malaysia’s index is the FTSE Bursa Malaysia KLCI Index which consists of the largest 30 companies by market capitalization on the main board of Bursa Malaysia.