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 Swiss KOF barometer drops more than forecast. Show all posts
Showing posts with label Swiss KOF barometer drops more than forecast. Show all posts

Swiss KOF barometer drops more than forecast

The sharp downturn of the Swiss economy is gathering further pace as a slump in exports spreads to domestic sectors, an unexpectedly steep fall of the KOF growth barometer for March showed on Friday. The widely watched Swiss Economic Institute (KOF) indicator, which points to the economys performance in six months time, dropped to -1.79 from a upwardly revised -1.37 in February, a new record low.

Monday, March 30, 2009

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