Stocks and shares: the UK equity markets
“Information is the key input to the market. In an efficient market, prices immediately reflect all the available information.”
“Work the other side of the street! The nonpredictability of future prices from past and present prices is the sign, not of failure of economic law, but the triumph of economic law after competition has done its best.”
- An equity is a stake in a company, a risk-sharing ownership of part of a company’s capital. An equity holder – a shareholder – receives returns in the form of dividends and/or capital gains.
- The Financial Times share service is the most complete record of UK stock market statistics readily available to the public, covering around ...