The NYSE Composite Index® (NYA), which broke the 10,000 mark on June 1 when it closed at a high of 10,042.06, today achieved a new record high of 10,075.39. The NYA has set a new record 33 times in 2007.
With an overall increase of 10.25% in 2007, the NYA continues its strong performance.
“The NYSE's rigorous listing standardsprovide a base level of quality for the NYSE Composite Index’s components making it the best barometer for NYSE-listed stocks,” said NYSE Euronext Senior Vice President, Exchange Traded Funds and Indexes, Lisa Dallmer. “We are proud of the index’s exceptional growth, which underscores NYSE Euronext’s leadership position as the world’s largest and most liquid marketplace.”
The NYSE Composite Index, which offers diversification among industries, countries and market cap, has increased 101% since it was reintroduced with new methodology and recalculated to a base value of 5,000 in 2003. The NYA provides exposure to well established
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Background:
The NYA is designed to measure the performance of all common stocks, ADRs, REITs and tracking stocks listed on the NYSE.