Home / Tvrtke i tržišta / Financial Page

Financial Page

I believe that through knowledge and discipline, financial peace is possible for all of us. Stock market is a general term used to refer to organized trading of vrijednosni papiri. It can be an actual place, like a stock exchange, but nowadays trade is less and less linked to such a physical place, as modern markets are electronic networks. Big companies usually izdaju dionice on the major stock exchanges (which are a primary market of their share issue), while smaller companies usually join some type of OTC tržište, i.e. market on which shares are sold after they have been issued on primary market and which is conducted over the telephone or electronically.

Stock market index is a listing of stocks of large companies, and a statistic reflecting the vrijednost of its component stocks, all of which have some things in common such as trading on the same stock exchange, belonging to the same industry, or having similar market karakteristike. The most regularly quoted market indeksi are the American Dow Jones and S&P, the British FTSE 100, the Japanese NIKKEI 225, the Hong Kong Hang Seng, etc. The official index of the Zagreb Stock Exchange is CROBEX.

Columns High/Low show the highest and lowest prices (in pence) for the shares during the current year. For example, the highest price at which Unilever’s shares were bought and sold was 712 and the lowest price was 400 pence. Stock is the name of the share. Price shows the price of the share as it stood at the close of business the previous day. Change shows how much the closing price of the share changed in odnos with the previous day’s closing price. For example, Unilever closed 15 pence higher than the previous day. Yld shows how much shareholders can expect to receive as a dividend, in pence, for every £1 invested (based on the current share price). Price – Earnings P/E refers to the present market price of a company share divided by the earnings per share for the previous year.

In order not to be too boring, journalists invented various ways of saying that prices are going up or down. Here are some examples. Boeing stocks porasle after rumours of a merger with another leading aircraft manufacturer. Exxon stocks shot up after a new deal to pump Siberian natural gas was announced. Grundig shares pale nakon news of boardroom changes. In Paris, the CAC-40 pao after the unions called for a three-day general strike next week. Procter & Gamble stocks plunged after it was revealed that the company had lost over $100 million as a result of derivative deal. Share prices porasle in Hong Kong today, the Hang Seng finishing up ten points. Philip Morris also dipped, down 75 cents to $52. Silver was trgovano at $600.36 an ounce. Share prices soared on the news of the takeover bid.

Exercise 1 Decide whether the following statements are true (T) or false (F) 1. To remain steady means to fluctuate. 2. If share prices rally, it means they fall again after earlier increases. 3. To slip and to dip means to become lower. 4. If interest rates plunge, they suddenly go down by a large amount. 5. To soar means to increase quickly to a high level. 6. To soar means the same as to plummet. 7. To plummet and to rocket are synonyms.

Exercise 2 Translate the words and phrases in brackets into English. 1. Stock market is a general term used to refer to the organized trading of (1) vrijednosni papiri. 2. Big companies usually (2) izda dionice on the major stock exchanges, while smaller companies usually join some type of (3) OTC tržište, i.e. market on which shares are sold after they have been issued on primary market.

Good news, your ENGLISH AT WORK is now online! Tjedne online lekcije poslovnog engleskog jezika koje obrađuju specifične poslovne teme na jednostavan, zanimljiv i koristan način primjenjiv u svakodnevnoj poslovnoj komunikaciji.