Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label Australian shares down. Show all posts
Showing posts with label Australian shares down. Show all posts

Australian shares down

Australian share prices closed down 0.40 percent on Friday, with jitters on Wall Street driving down financial stocks, dealers said. The benchmark S&P/ASX 200 sank 14 points to 3,466.2, while the broader All Ordinaries lost 11.4 points to 3,405.4. Turnover was two billion shares worth 4.4 billion dollars (three billion US) with 432 stocks up, 464 down and 265 flat.

Saturday, March 21, 2009

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