A market where new shares are tracked is known as

Assessment: JAMB UTME - Commerce - 2015 Subject: Commerce

Question 1 Report

A market where new shares are tracked is known as
Answer Details
The market where new shares are tracked is known as the Primary Market. In this market, companies issue new shares of stock to the public for the first time, and the proceeds from the sale of these shares go directly to the company. The primary market is where initial public offerings (IPOs) take place, and investors have the opportunity to buy shares directly from the company at the offering price. Once the shares are sold in the primary market, they can be traded on the secondary market, which is where investors buy and sell shares with each other.
Read lesson note on Stock Exchange (JAMB)
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