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Meaning of “the IPOX 100 Index” in the English Dictionary

"the IPOX 100 Index" in Business English

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the IPOX 100 Indexnoun [S]

uk   us   STOCK MARKET
a ​series of ​numbers that ​shows the ​value of the ​shareprices of ​companies whose ​shares are being ​sold to the ​public for the first ​time: The IPOX 100 Index ​measures the ​averageprice of the most recent 100 ​initialpublicofferings.
(Definition of the IPOX 100 Index from the Cambridge Business English Dictionary © Cambridge University Press)
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