Description
The OMX Stockholm 30 Index (OMXSPI) is a stock market index for the Stockholm Stock Exchange. It is a market-weighted index that tracks the performance of the 30 most traded stocks on the Stockholm Stock Exchange. The index serves as a benchmark for the Swedish stock market and is often used to gauge the overall performance and health of the Swedish economy. A higher index value indicates a stronger market performance, while a lower value suggests weaker market conditions.
The OMX Stockholm 30 Index is calculated based on the market capitalization of the 30 most traded stocks on the Stockholm Stock Exchange. The index is weighted according to the market value of each constituent stock, and it is adjusted for dividends and stock splits.
The OMX Stockholm 30 Index is updated in real-time during trading hours, with the final index value for the day published at the close of trading.