SAX

The Slovak share index (SAX) is the official share index of the BSSE. The SAX is a capital-weighted index that compares the market capitalization of a selected set of shares with the market capitalization of the same set of shares as of a given reference day. The SAX index reflects an overall change of assets connected with an investment in shares that are included in the index. This means that, besides fluctuations of prices, the index also includes dividend payments and revenues connected with changes of share capital amount (that is, the difference between current market price and the issue price of new shares).