Page 50 - Introduction To Investment Management

Bear markets usually occur when the economy is in a recession and
unemployment is high, or when inflation is rising quickly. The most famous bear

market in U.S. history was the Great Depression of the 1930s. The term "bear" has
been used in a financial context since at least the early 18th century.

2.6.4 Trading Information

Note:

52 Week High/Low -Highest and Lowest share price in the last 52 weeks.
Tel Code -Stock code.
Shares -Stock name (short).
Close -Closing price.
+/- -Price change in percentage.
Vol (’00) -Volume traded (‘00).
PE -Price Earnings Ratio
DY -Dividend Yield
Day’s High Low -Highest and Lowest share price for the day.
(Shares are normally traded in specific amounts called Board Lots of 100 units. Any amount
less than board lots are called special lots or odd lots.)

2.6.5 Market Indices

A stock market index is a measurement of the value of a section of the stock

market. It is computed from the prices of selected stocks using a weighted average. It is a
tool used by investors and financial managers to describe the market, and to compare the

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