Type of index in which current values of stock are added together and divided by value of stock on base date is classified as

A. value weighted index

B. herring weighted index

C. primary market index

D. stock market index

Answer: Option A

Solution(By Examveda Team)

Type of index in which current values of stock are added together and divided by value of stock on base date is classified as value weighted index. A value-weighted index assigns a weight to each company in the index based on its value or market capitalization.