What does Topix stand for?

Tokyo Stock Price Index (東証株価指数, Tōshō Kabuka shisū), commonly known as TOPIX, along with the Nikkei 225, is an important stock market index for the Tokyo Stock Exchange (TSE) in Japan, tracking all domestic companies of the exchange's Prime market division. It is calculated and published by the TSE.

What is TOPIX and Nikkei?

TOPIX tracks domestic companies in the exchange’s first section, which represents Japan's largest firms by market capitalization. Another Japanese stock index is the Nikkei, which is a price-weighted index comprised of the top 225 blue chip companies traded on the TSE.

What is the TOPIX Core 30 index?

One of several TOPIX indices is the TOPIX Core 30 Index. The capitalization-weighted index tracks the performance of 30 stocks in the TOPIX index that have large market capitalizations and are the most liquid . The index started on April 1, 1998 with a base value of 1,000.

Where is the TOPIX index traded?

The TOPIX index is traded as a future on the Osaka Exchange under the ticker symbol JTPX. [2] The CQG contract specifications for the TOPIX Index are listed below.