Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Stock Market Index
Definition of Stock Market Index
An index is a numerical figure that measures relative change in variables between two type of durations.
Examples
If sales in year 2000 are equivalent to Kshs.25 M and for year 2001 Shs.30 M, the sales index would be follows as like:
Sales index = year 2001 sales/ Year 2000 sales
= (Shs.30 M/ Shs.25 M) x 100
= 120
Year 2001 sales are 120 percent of year 2000 sales; year 2000 is identified Base year.
A stock index hence measures relative changes in values or prices of shares. The NSE has its base year as year 1966. Twenty (20) companies constitute the index.
The stock index is computed with using of Geometric mean (G.M) follows as like:
Today stock index = [(Today's share price G.M)2 / Yesterday's share price G.M.]X 100
Whereas G.M =
Whereas G.M. = P1 x P2 x P3 x P4 ------- Pn = share price of companies such constitute stock index.
N = number of companies
Say that a buyer of bonds values good bonds at $500 and values bad bonds at $250. Sellers of both good and bad bonds value them at $350. If the fraction of good sellers and bad s
Capital Market - Financial Markets These are markets for long term funds along with maturity time of more than one year. As like of financial instruments required here are deb
Dividend Policies and Decisions Dividend policy determines the division of earnings among payments to stock holder's ad re-investment in the firm. Hence now it looks at the f
Petroleo Brasileiro (PBR) has just issued 1M one year bonds. Each bond hasa face value of1,000 Reais. Owners of the bonds are entitled to receive $R 1000 back at the end of the yea
Prepare Journal and Adjusting Entries I need assignment help on topic Prepare Journal and Adjusting Entries. Can you please suggest me the answer. The following two events o
what makes a preference shares a hybrid?
Disadvantages of Overdraft Finance A. It is expensive as the interest rates of overdrafts are much higher than bank rates. B. The employ of this finance is an indication of
Maghrabi Enclosure follows a moderate current asset investment policy, but it is considering whether to shift to a different strategy. The firm''s annual sales are $500,000; its f
Ask question #MinimQuestion You are the financial accountant of Donald Bhd, a manufacturer and wholesaler of soft drinks. Donald Bhd is in direct competition with Fizz Bhd and Po
Central Depository System or C.D.S Its computerized ledger systems which enable the transfer or holding of securities with no necessitate for physical movement. The shares or
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd