Abbreviation for Tokyo Price . A Japanese share price index measuring share prices of selected large companies listed on the Tokyo Stock Exchange. Equivalent to the Australian All Ordinaries Index. Topix is a broader market than the Nikkei Dow Index.
The composite index of all shares listed on the first section of the Tokyo Stock Exchange. The first section is made up of the largest and most actively traded companies. The Topix index is split down by size into three parts (large, medium and small) and into more than 30 industry groups.
The Tokyo Price Index. A Japanese share price index measuring share prices of selected large companies listed on the Tokyo Stock Exchange. (See also Nikkei)
The Japanese equivalent of the All Ordinaries Index, the Tokyo Price Index details share prices of a number of large companies listed on the Tokyo Stock Exchange.
Topix, along with Nikkei 225, is an important stock market index for the Tokyo stock exchange in Japan, tracking all domestic companies of the exchange's First Section (1,700 companies as of October 31, 2006).