ECONOMICS (CBSE/UGC NET)

ECONOMICS

SAVING AND INVESTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The last reported price at which a security was traded on an exchange.
A
bond
B
stock
C
inflation
D
market price
Explanation: 

Detailed explanation-1: -The Closing Price is referred to the price of a stock at the end of the trading hours.

Detailed explanation-2: -"Closing price” generally refers to the last price at which a stock trades during a regular trading session. For many U.S. markets, regular trading sessions run from 9:30 a.m. to 4:00 p.m. Eastern Time.

Detailed explanation-3: -The closing price of a stock is the price at which the share closes at the end of trading hours of the stock market. It is not to be confused with the last trading price or LTP, which is the final price at which the stock was traded before the markets closed.

Detailed explanation-4: -The last price is the one at which the most recent transaction occurs, while the market price is whatever price the brokerage can find to fulfill your order as soon as possible. If you’re buying a stock, then the market price is the ask price at that moment. If you’re selling, then the market price is the bid.

Detailed explanation-5: -The listed closing price is the last price anyone paid for a share of that stock during the business hours of the exchange where the stock trades. The opening price is the price from the first transaction of a business day. Sometimes these prices are different.

There is 1 question to complete.