Top 10 Stock Market Amazing Facts: Most of the people when enter into the stock market they want to know each and every fact about the market. Here are the facts given, you must not be aware of them. Read the following facts:
- Bombay Stock Exchange has highest number of listed companies in the world. Approximately 5000 companies are listed in the BSE. NSE of India has around 1750 companies.
- The most expensive stock in world is the Warren Buffet’s Hathaway, Class A, which is priced at USD 213330 per share. The reason for such a high price is that the company doesn’t splits the shares.
- Amsterdam Stock Exchange is the oldest stock exchange in the world. It was established in 1602 by Dutch East India Company. The company deals with printed stocks and bonds.
- Only 2% people in India goes into investment in equities. People in India are more attracted to invest in Gold banks and real state.
- “Bear” and “Bull” are thought to be originated from the way of attacking by each animal, with the bull thrusting its horn up in the air, while a bear swiping downwards.
- Historically, on an average the market declines mostly in the month of September. The three leading indicator DJIA (Dow Jones), S&P 500 (Standard and Poor) and NASDAQ have seemed to be performing poor in September. One of the reasons for this is that the trading declines in summer as the investors take time for vacation and once they return to work, they exit positions they had build up.
- October is considered to be bad luck month as the two worst stock market crashes in history occurred in this month. The first one occurred in 1929 with a 25 percent declined in the share prices, and by 1932 the value of shares was just 20% of the value of shares in 1929. The second crash occurred in 1987 October when the stock market declined by one fourth.
- In the year 2006, one third of the all stock traded in US and European Union was traded through algorithmic trading. This trading is heavily reliant on mathematical formulas, algorithmic trading based on computer programming. And by 2008 about 80% trading was done by algorithems, however it decline later due to trading volume.
- Till the year 2000, markets in US, London and Paris were trading on prices which were in fractions and not in decimals. But after year 2000, this changed and all these markets moved to decimals. This made it easier for an average investor to better understand the value of stocks.
- The Big Board is the nickname of the New York Stock Exchange. The NYSE is the biggest stock exchange in the world, and the largest in the United States. The market opened for the first time in 1792.
We hope this stock market amazing facts will have added to your knowledge.