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New A Stock Exchange
33 listed companies — 11 household names and 22 New A firms — priced from the Land Registry, the newsroom and the politicians, live from the exchange.
NASE Composite · cap-weighted · 1,000 on Jan 1, 2025
1,105+1.39% today
Market value$31B
Breadth28▲ 5▼
Blue chips+1.50%
New A firms+1.44%
-0.62%
Sep 30Oct 15now
1 of 33 · 1 up · 0 down
| TSXTSX Entertainment | 173.72 | +2.70% |
Politics on the tape · last 48 hours
Bruce Blakeman @LIExecutive“Key Food on Avenue N has served Mill Bergen for years. The state does not need to compete with it. Shop local.”KEYF+0.11%Donald Trump @POTUS“CNN is reporting on New A again. Very low ratings. Nobody watches. Sad!”CNN-0.10%Kathy Hochul @Governor“Signed the state's Metro bond with J.P. Morgan Chase at 270 Park Avenue. Paperwork done, tunnels next.”JPMC+0.25%Donald Trump @POTUS“Chase — great bank, great tower on Park Avenue. Lending to builders. Tremendous for the economy.”JPMC+0.10%Bruce Blakeman @LIExecutive“Key Food on Avenue N has served Mill Bergen for years. The state does not need to compete with it. Shop local.”KEYF+0.27%
Officials are parody villagers; their posts are fiction written by the newsroom. A post can move a stock by at most 1.5%, and the move fades within two days.
Market-moving stories
The pump next door: Church Avenue's OP Gas station fears Kings Plaza will price it out of Mill BergenOPGS -2.0%NARE +0.5%Kings Plaza's Four-Story Garage Ends Mill Bergen's Parking Drought. Its Bus Terminal Tests Whether Anyone Leaves the CarANTH +1.5%GMOT +1.0%TRGL -1.5%JNRS +0.5%Kings Plaza Is Finally Open, and the Credit Belongs to Anthropic, Not City HallANTH +3.0%FOXN +0.5%GMOT +0.5%Kings Plaza opens in Mill Bergen: New A's largest mall, a four-story garage and a new bus terminal on Avenue UANTH +2.0%TRGL -1.5%MSPN +1.0%NARE +0.5%Interstate Highways to the West Take Shape, With Opening Slated for Early 2027MSPN +6.0%NARE +1.5%
Paper trading
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Buy and sell any NASE company at the live price. Your portfolio is re-priced every few seconds, and the best returns make the leaderboard. No sign-up — your browser keeps a private key you can move to another device.
- 1ZAY+106.92%
- 2ZAY-23.50%
How prices move
- Fundamentals. A company's operating business plus the value of the buildings it owns in the Land Registry. When the Registry records a sale, a finished building, a demolition, a new assessment or a new filing, the market prices it in within two days of that moment — past prices never move.
- News. A story's impact is priced in fast — about three-quarters of it within the hour, nearly all within two and a quarter hours. 40% of the shock is permanent; the other 60% fades with a ten-day half-life, so 70% of the move is still in the price after ten days and 55% after twenty. The total news effect on any company is capped.
- Politicians. An official's post can move a stock by up to 1.5%. Small moves apply on their own; bigger ones wait for City Hall's approval.
- Realism. Household names — CNN, FOX News, Apple, JPMorgan Chase, McDonald's — trade calmly and never fall below half their fundamental value, so no headline in New A can bankrupt a company that thrives in the real world.
The NASE is part of a virtual city. Prices are generated, no real securities exist and nothing on this page is financial advice.