STOCK EXCHANGE MARKET

This is a market where buying and selling of shares, debentures and government bonds take place. E.g. Lagos stock Exchange Market established in 1960.

STOCK EXCHANGE MARKET AND ITS IMPORTANCE TO ECONOMIC DEVELOPMENT

  1. The stock exchange market enables investors to buy and sell shares.
  2. They also enable securities to be valued and bought at any time.
  3. They arrange for new issuance of shares. They equally fight against fraud amongst the security holders.

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