Reading Market Prices

Reading Market Prices

Reading market prices

Market prices are quoted in the daily morning and evening papers. Comprehensive lists are arranged in columns under headings of each section of the market. One price appears opposite the name of each company. This is the middle price between the buying and selling price of each security.

In reality there are two prices for each security, a selling price and a buying price.

Shares are marked at the close of the day either up or down, or unchanged. If a share is marked up, e.g., 25/3 - 13, this means that the closing middle price is 25s 3d, and it has gone up 3d on the previous day's closing price. If a share is marked down, e.g., 24/- 1 /- this means that the closing middle price is 24s and it has gone down is on the previous day's closing price.

The number of pence between the buying and selling price avenges £d in the C. If a security is active (frequently changing hands) and most 'Blue Chips' (leading shares) are, the difference between the buying and selling price may be less than od, say 3d or 41d. If the share is not active, the difference may be 2s od, or more, in the £.

Sometimes opposite the market prices there are certain signs. For example:


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