NASDAQ launches Internet index

Posted on Tuesday, Nov 27 2007 @ 21:18 CET by Thomas De Maesschalck
The Nasdaq stock market has unveiled a new NASDAQ Internet Index (Nasdaq:QNET), this is a new benchmark to track the performance of Internet companies like search engines, ISPs, web hosters, web design firms and internet retail commerce.
The NASDAQ Internet Index is comprised of securities of companies that are at the forefront of internet technology. They are leading innovators in providing faster internet access, creating more intuitive e-commerce experiences, and developing the second generation Web.

"The NASDAQ Internet Index contains some of the most exciting internet companies traded on NASDAQ and other U.S. exchanges," said NASDAQ Senior Vice President Steven Bloom. "Given the strength of NASDAQ's brand association with innovation and its market share of internet company listings, it is logical for NASDAQ to extend investment opportunities through a new benchmark for this dynamic, evolving sector."


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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