Dow Average Stock Price Swap 3 Companies “IT-related gained more weight” 4:31 on August 31st
The stocks that make up the Dow Average stock price on the New York Stock Exchange will be swapped starting 31st. It is also pointed out that while IT giants such as Exxon Mobil were excluded, IT giants such as salesforce.com were newly introduced, and IT-related companies became even more important in the American industry.
The Dow average stock price is calculated based on the stock prices of 30 companies called "good stocks", of which 3 companies will be replaced from the 31st trading.
Three new companies will be added: "Salesforce.com", which handles data management for corporations, "Amgen" of pharmaceuticals, and "Honeywell International" of industrial machinery.
Excluded, however, are ExxonMobil, Pharmaceutical's Pfizer, and defense equipment Raytheon Technologies.
Of these, ExxonMobil is an energy-related giant, the oldest of the 30 present-day companies, and has been part of the Dow since 1928.
"S&P Dow Jones Indices," which calculates Dow in this issue of stock swapping, says it "incorporated a new type of company to better reflect the US economy," and IT-related companies have become more important in the US industry. It is also pointed out that the number has increased.
What is the Dow Average Stock Price?
The Dow Average Stock Price, officially known as the "Dow Industry Stock 30 Average," is one of the most well-known stock indices in the world.
It is said that Dow Jones of the United States calculated the average of the stock prices of 12 American companies in 1896, and now it is calculated based on the stock prices of 30 companies, which are considered "good stocks".
The composing stocks have been reviewed in light of changes in the economy and industrial structure, and recently, in June, the major manufacturer GE=General Electric, which has been Dow-making for 111 years until June, was excluded due to sluggish business performance. It became a hot topic.
In addition, this stock exchange will be implemented as one of the 30 companies, Apple, split the stock and the stock price per share will fall.
Among the 30 companies are IT companies such as Apple and Microsoft, as well as prominent companies from a wide range of industries such as Boeing, Goldman Sachs, Walmart, Coca-Cola, McDonald's, Walt Disney, and Nike. I will.
In addition to the Dow average stock price, the stock market index of the New York market includes the "Nasdaq Composite Index", which has many IT-related companies, and the "S&P500", which is calculated using the stock prices of the 500 major companies.