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 Sterling falls against dollar. Show all posts
Showing posts with label Sterling falls against dollar. Show all posts

Sterling falls against dollar

Sterling fell to a one-week low against the dollar on Friday, dented by data showing the UK suffered the biggest contraction in economic growth since 1980 during the final quarter of last year. The figures showed the economy shrank by 1.6 percent from October to December. This was unexpectedly revised down from the previous 1.5 percent fall, while the annual rate of decline was also revised down to 2.0 percent.

Saturday, March 28, 2009

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