While reading the book “The Intelligent Investor” – By Benjamin Graham, many times I read about DJIA and I didn’t understand what it means. If you have the same question, then you will find your answer from here.
DJIA -> The Dow Jones Industrial Average
It’s also often called as Dow Jones.
DJIA is the world’s most authoritative stock index, offered by Charles Dow in 1884 and the value of DJIA is calculated on the basis of 30 (initially 11) key stock prices.