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1 FINANCE MCQS

The composite value of a group of traded stocks in secondary markets is called __________.

  • Stock index
  • Primary index
  • Stock market index
  • Limited liability index
Correct Answer: A. Stock index

Detailed Explanation

A stock index is a statistical measure that reflects the composite value of a selected group of stocks traded in secondary markets. It is used as a benchmark to track the performance of the overall market or a specific sector. Examples include the S&P 500, Dow Jones Industrial Average, and KSE-100 Index in Pakistan. These indices help investors evaluate market trends and make informed investment decisions.

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