Microcap Stock Index climbs slightly in short trading week
In a week shortened by Good Friday, the Bowser Microcap Stock Index climbed 2.61 points or 0.5%. The Index closed at its weekly high of 501.63 on Tuesday, but then slid back down under 499 to 498.57. Both Monday and Tuesday were good days for the Index with the end of the week faltering a bit. The markets were closed on Friday because of Good Friday. See the chart below for a visual representation of the Index.
Bowser Microcap Stock Index performance 03/22 to 03/28
Compared to other major indexes, the Bowser Microcap Stock Index was second to last--beating the Dow Jones Industrial Average by 0.05%. The S&P 500 led the way at +0.8%.
The other major indexes were as follows:
- S&P 500 (^GSPC)--UP 0.8%
- NASDAQ Composite (^IXIC)--UP 0.7%
- Russell 2000 (^RUT)--UP 0.6%
- Dow Jones Industrial Average (^DJI)--UP 0.5%
There were no changes to the Index's companies this week.
For more information on the Bowser Microcap Stock Index, purchase our Bowser Database, which is updated monthly and includes details on the weighting of each company. Also, we have a sheet that shows all the changes that we have ever made to the Index available upon request.
The Bowser Report is a monthly financial newsletter that specializes in small stocks trading for $3/share or less. Our goal is to provide the individual investor with relevant information on microcap stocks. Each month, we recommend a new company, provide information on past recommendations and report news surrounding the microcap marketplace.
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Information in this blog post contains references to past Bowser recommendations. This blog post contains no recommendations, and instead relies on data gathered on past recommendations from sources thought to be reliable.
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