Share Price Index in the United Kingdom, August, 2020
For that indicator, we provide data for the United Kingdom from January 1960 to August 2020. The average value for the United Kingdom during that period was 44.41 index points with a minimum of 1.98 index points in December 1974 and a maximum of 116.69 index points in January 2018.
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* indicates monthly or quarterly data series
Measure: index points
Source: The Organisation for Economic Co-operation and Development (OECD)
Definition: Share price indices are calculated from the prices of common shares of companies traded on national or foreign stock exchanges. They are usually determined by the stock exchange, using the closing daily values for the monthly data, and normally expressed as simple arithmetic averages of the daily data.
A price index measures changes in the market capitalization of the basket of shares in the index.
Share price indices reflect the corporate sector's underlying profit and growth record and also act like a barometer of investor confidence in the state of industry and the economy.