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Narrow Based
The financial definition for Narrow Based:
Generally referring to an index, it indicates that the index is composed of only a few stocks, generally in a specific industry group. See also broad-based.
Similar MatchesNarrow marketNarrow market An inactive market, which displays large fluctuations in prices due to a low volume of trading.
Narrowing the spreadNarrowing the spread Reducing the difference between the bid and ask prices of a security.
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