TLA for the
Amsterdam Exchange - a
stock market. Yes - they sell other stuff than
weed in the
Netherlands.
In the Nether
lands, the AEX
index is generally
recognised as a reliable barometer of the stock market and thus of the
Dutch economy as a whole. The index is a
weighted average of the 25 most actively
traded
shares on the Amsterdam Exchanges stock m
arket. It started in
1983 at an indexed level of 100 (equal to 45.38
guilders). On 30
December 1998 (the last day on which it was
calculated in guilders), it stood at 1,186.38 (538.36 guilders) - an
average increase of 17.9%.