Question

"Stock market quotations contribute to better allocation of capital and promoting the habits of savings and investments". Explain.

Answer 1

A basic quote for a specific stock provides information, such as its bid and ask price, last-traded price and volume traded. Investors increasingly access stock quotes online or on mobile devices, such as smartphones, rather than through print media such as newspapers and magazines. Stock quotes can be presented with supplemental information and data such as the high and low prices for a given security that have been recorded over the course of the trading day. The stock quote may also show the change in the value of the security compared against the prior day’s closing price or the opening price of the current trading day. The difference in prices might be shown as a percentage, revealing how much the security has increased or declined in value.