In share market page of news paper says
Company: Siemens
Days close; 993.70
% change: -1.60
Mcap 16754
Can any one explain me menning of thease terms used ?
2007-03-08 04:16:55 · 4 answers · asked by dr sachpw 3 in Business & Finance ➔ Investing
Days close: closing price of the stock for the day
Percentage change: Change from prior day's price
Mcap = Market Capitalization: The total value of a company's securities at current prices as quoted on a stock exchange. Market capitalization is calculated by multiplying the total number of shares by the market price. It can also denote the total value of all the securities listed on a stock exchange, or the total value of one sector of a market's listed securities
2007-03-08 04:26:25 · answer #1 · answered by pepper 7 · 0⤊ 0⤋
Company is obiously the name of the company.
Day's Close: 993.70 means the last trade of the day happened at this price, so just before the stock market closed for the day the very last sale of Siemens stock was for 993.70 per share.
% change: -1.60 means that during the day the price of the share declined by 1.60% compared to the previous day's price. So the stock went down a little bit during today's trading compared to yesterday's
Mcap: Market Capitalization, This just means the total value of the company. In this case it is in Millions, so the Value of Siemens is currently $16.754Billion. The Market Capitalization is just the Price per share, multiplied by how many shares there are for a company to arrive at the total value you would pay to buy the entire company. This one can be slightly more complicated than that, but for general purposes that is the answer. I just gives you an idea of the size of a company.
2007-03-08 12:27:10 · answer #2 · answered by enders_knight 2 · 0⤊ 0⤋
The numbers refer to the activity of the price of the shares of stock for the Siemens Corporation.
The Days Close is the closing or last price (per share) that the shares traded for. The % Change is the change from yesterdays close. Mcap is the Market Capitalization (in Millions). The total number of shares outstanding times the closing price. for a company like Siemens the market cap is probably 16.75 Billion.
2007-03-08 12:24:28 · answer #3 · answered by fastfrank7 5 · 0⤊ 0⤋
-1.60% is the percentage change in the value of that companys stock days close 993.70 is the price of the stock at the end of the trading day mcap do not know
2007-03-08 12:25:36 · answer #4 · answered by chuck0373 2 · 0⤊ 0⤋