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Abe
It's based on the 30 stocks in the Dow Jones Industrial Average. Each stock has a different weight percentage. eg. IBM has the biggest weight at 6.78% of the index and Intel the least at 1.44%.
Here's a link to show you the 30 stocks and their corresponding weight.
http://www.indexarb.com/indexComponentWtsDJ.html
Hope this helps
Blu-Ray |
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Thanks Blu-Ray. That helps plenty.