Investing into the mobile space has never been excessively difficult. Pick your victim, and order your broker to buy some stock. However, no “catch-all” index has been available – so far.
MarketWatch reports that NASDAQ QMX has just started an index targeted at the mobile market:
The NASDAQ OMX(R) CEA(R) Smartphone Index is currently comprised of 84 companies that are screened by the Consumer Electronics Association, including Apple Inc, Google Inc. and Research in Motion Limited. To view all the the companies in
the NASDAQOMX(R) CEA(R) Smartphone Index, visit our website www.nasdaqomx.com/indexes.…
The NASDAQ OMX(R) CEA(R) Smartphone Index is calculated in real-time across the combined exchanges and is disseminated by NASDAQ OMX in U.S. Dollars. The Index commenced calculation today with a value of 250.00.
…
Even though I doubt that many people will buy this index, it nevertheless makes for an interesting “pulse indicator” – if you guys want us to, we can cover its status every week from now on…
Related posts:
Content, RSS
Twitter