Glossary entry (derived from question below)
Slovak term or phrase:
bázický deň
English translation:
base day
Slovak term
bázický deň
| 4 | base day |
Natalia Mudrakova
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Sep 6, 2021 19:51: Natalia Mudrakova Created KOG entry
Proposed translations
Slovakia
sworn translator, legal English
Native in: Slovak 
Works in: Slovak to English, English to Slovak, Czech to English, and 1 more.
base day
A stock market index is a number that indicates the relative level of prices or value of securities in a market on a particular day compared with a base-day figure, which is usually 100 or 1000. There are many different ways of constructing an index. One of the most common methods is illustrated by the following simple example.The values of a market portfolio at the close of trading on Day 1 and Day 2 are recorded below: | |Value of portfolio |Index | |DAY1 |Tk 20,000 |1000 | |(base day) | | | |Day 2 |Tk 30,000 |1500 | We take Day 1 as the base day. The index on that day will be taken as a standard.The value assigned to the base day index is 1000 in this example.
https://myhomeworkgeeks.com/index-methodology-of-dse/
SSE Indices are all calculated using a Paasche weighted composite price index formula. This means that the index is based on a base period on a specific base day for its calculation. The base day for SSE Composite Index is December 19, 1990, and the base
BASE DAY Six stocks are selected as constituent stocks and they are grouped into two sectors - I and II. The following tabulates the number of issued shares for each of the six stocks and their closing prices for the base day. The base day index is set at
https://en.wikipedia.org/wiki/SSE_Composite_Index
https://www.hsi.com.hk/eng/resources-education/about-hsi-family
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