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
How often does the "on the run" tsy change?
CBK - Monetary Policy The money supply in the economy has a main effect on both the rate of inflation and the level of economic activity. The level of money supply is controll
Stock Exchange Index or SEI Stock Exchange Index is a measure of relative changes in prices of stocks from one duration to another index. Nairobi Stock Exchange twenty (20) -
Conduct research and explain the companies, their operations, locations, markets, and lines of business. Collect financial statements for the past three years, fiscal or calendar .
Describe the structure of financial systems with financial markets, securities and financial intermediaries. By a structural point of view a financial system can be considered
Shareholders' wealth maximization - Objectives of Business Entity Shareholders' wealth maximization refers to maximization of the total present value of each decision made in
State the Classification of New Issue Market New market can be categorized as: (i) A market where firms go to the public for the first time through initial public offerin
what is bank draft?How it can be prepared?
Expectation Theory The theory states here that the yield curve depends on the expectation concerning with future inflation rates. The rate on long-term bonds will exceed, If i
what are the scopes of this study
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