More index reads than record reads usually means one of a few things....
1) You did a lookup where there were no records that satisfied the index (find first country where country-code = "123")
2) You are using a word index
3) You used multiple indexes to resolve the query and Progress did some magic on the backend to merge the results without reading the actual records (merging ROWIDs)
There might be a few more that I can't think of off the top of my head, but those are the usual suspects. If the index selection is "off" you will see more record and index reads than required to retrieve the data set.