Question
Outline the role of the stock exchange market in the economy.
Answer
- Provides a ready market for people wishing to buy/sell shares
- Keeps our eye on the financial affairs of the company
- Stock exchange index is used as a barometer of the country economic progress
- Makes it possible for investors to sell their shares when they find a more lucrative investment
- Directs a large part of public savings into the economy
- Keeps our eye on the financial affairs of the company
- Stock exchange index is used as a barometer of the country economic progress
- Makes it possible for investors to sell their shares when they find a more lucrative investment
- Directs a large part of public savings into the economy