Top Answer
User Avatar
Wiki User
Answered 2008-01-14 08:01:22

the largest one day decline in New York Stock Exchange were 508 basis points, happened on Monday 19th October 1987. NAZAKAT ULLAH KHAN Planning Division, Pak Secretariat, Islamabad the largest one day decline in New York Stock Exchange were 508 basis points, happened on Monday 19th October 1987. NAZAKAT ULLAH KHAN Planning Division, Pak Secretariat, Islamabad

User Avatar

Your Answer


Still have questions?

Related Questions

What is the largest one day decline on a pecentage basis for the New York Stock Exchange?

The largest percentage decline for a broad stock market index occurred on November 19, 1987. The Dow Jones Industrial average fell sharply by 508.32 points to close down 22.6% for the day.

What is the largest one day increase on a point basis for the New York Stock Exchange?

== ==

What are method use in Stock Exchange for calculation Index?

The stock exchange index is a relative measure of the performance of all or a number of stocks that are traded on a stock exchange. it incorporates the return on stocks, their volumes traded and the shares outstanding. there can be a number of indices relating to a single stock exchange that incorporates the returns on a number of companies. they can also be differentiated on the basis of the return on different industries.

Is the Bombay stock exchange a listed exchange as is the New York Stock Exchange?

This is actually quite a technical question. "Listed exchange" can bear a general meaning and a technical (legal) meaning. On the basis that "listed exchange" generally means, as widely understood in the financial world, a stock exchange which (i) is regulated by market disclosure, insider dealing, entry qualification etc. requirements in common with international standards, (ii) offers sufficient liquidity to attract international investors, then the answer is yes, the Bombay Stock Exchange is a listed exchange. However, "listed exchange" and similar terms bear different meanings in a legal terms. For instance, the UK Inland Revenue has a concept of "recognised stock exchange" - for example, you can invest your ISA allowance in listed securities, but they have to be listed on a recognised stock exchange, which the Revenue publishes a list of - broadly, most of the internationally know stock exchanges, but not the Bombay Stock Exchange. The EU Prospectus Directive applies to issuers on "regulated markets" - again, this bears a special meaning, and does not cover all stock exchanges in Europe. So, the short answer is yes, given that the Bombay Stock Exchange has international standing, but if you asking in a legal context, the answer may be more difficult. Hope this helps.

What is the future availability of oil?

It is in decline on a worldwide basis.

Is the cost concept the basis for entering the exchange price into the accounting records?

That statement is true. The cost concept is the basis for entering the exchange price into the accounting records.

What cost basis of stock acquired by transfer on death when it is sold?

Stock transferred at death receives a cost basis that is stepped up to the value on the date of death.

The exchange of goods and services is the basis for what?

social integration

What is the cost basis of Lucent stock spun off in 1995?

The cost basis after the spin off was 27.99. In addition, the at-cost basis was at 72.01 of previous basis.

Introduction of stock exchange market in India?

A Stock Exchange is the place where investors go to buy/sell their sharesOnce a company's public offering is complete, it gets listed in a stock exchange. After listing it would be available for trading to all investors in the stock exachanges where they are listed. In India we have two major stock exchanges. They are:1. The National Stock Exchange (NSE) &2. The Bombay Stock Exchanges (BSE)National Stock Exchange:The NSE is India's largest and the worlds third largest stock exchange in terms of Transaction volumes & amounts. The NSE is based out of Bombay. The NSE has set up its trading platform as a nation-wide, fully automated screen based system. This enables anyone in any part of the country to trade on shares listed in the NSE.NSE Index or NIFTY:The NSE Index or the Nifty Index as it is popularly known, is the index of the performance of the 50 largest & most profitable, popular companies listed in the index. Each company that is part of the index has its own weightage in the value of the Index. The value of the Nifty Index is the weighted average of the prices of these 50 companies.Bombay Stock Exchange:The BSE is the oldest stock exchange in Asia. It is situated in Dalal Street in Mumbai. It is the third largest stock exchange in south Asia and the tenth largest in the world. BSE has over 5000 companies that are listed in it. The objectives of the BSE are similar to that of the NSE. BSE also uses the latest technologies in the IT field to provide a single place where traders from across the world can buy/sell shares in the Indian share market.BSE Index or SENSEX:The BSE Index or the Sensex as it is popularly known, is the index of the performance of the 30 largest & most profitable, popular companies listed in the index. Each company that is part of the index has its own weightage in the value of the Index. Since the number of companies is lesser, the index variations are higher when compared to the Nifty index.AnswerBombay Stock Exchange (BSE) of IndiaBSE is well known as the oldest stock market in Asia and was initially known as 'The Native Share & Stock Brokers Association.' Incorporated in 1875, BSE became the first certified exchange in India. The exchange is an investor's hub with over 5000 listed companies.Some BSE Figures and Facts -· BSE exchange was the first in India to launch Equity Derivatives, USD adaptation of BSE Sensex and Online stock trading policies.· It was first to acquire the ISO consent for regulation, clearance & settlement.National Stock Exchange (NSE) of IndiaAssimilated in November 1992, the National Stock Exchange of India (NSE) was a tariff forfeiting association.Some NSE Figures and Facts· NSE covers around 300 Indian cities for equity trading and 305 cities for derivatives.· NSE uses satellite communication expertise to bind trading of over 400 Indian cities.· The exchange regulates transactions of around `1 million on a daily basis.· It is one of the biggest VSAT incorporated stock exchange across the world.· About 8,500 customers are involved with online trading business on NSE.NSE & BSE both are India's giant market changers, they are the most profitable areas, where investors & traders can invest and convert their investment into huge profits.But before investing here, a beginner should have proper knowledge & tactics about the Indian market.This is were expert NSE & BSE market analysts will help the novice to get profitable deals.They can go with expert analyst, tips or suggestions.

The situation that requires a departure from the cost basis of accounting to the lower of cost or market basis in valuing inventory is necessitated by?

Decline in the value of inventory

Why do stockholders invest their money in corporations?

A Stockholder is already invested in a corporation. When you purchase a stock you become a shareholder of that corporation. When a company becomes listed on a stock exchange or goes public the corporation issues shares or stock. Each stock represents a share in the company. You, the stock holder, becomes a partial owner of the company on a per share basis. If your question is why do investors invest in corporations through stock ownership the answer is simple. A person buys stock to make money..

The exchange of goods and services is the basis for all what?

Consumer Demands

What market is stocks purchased?

Stocks can be purchased from 2 marketsPrimary Market - Where shares are being offered for the first time to the public by means of an IPOSecondary Market - Where shares are traded on a daily basis after the stock is sold through IPO and it gets listed in a registered stock exchange

What is cost basis of stock?

The cost basis is the original value of an asset adjusted for stock splits, dividends or capital distributions. It is used to figure capital gain or loss for tax purposes

How do you determine foreign exchange?

Foreign Exchange rates vary on a daily basis. You can check them in newspapers, on financial websites, or in a bank.

Largest country of the world on population basis?


What is nifty and how it is calculated?

nifty is calculated on the basis of liquidity of stock and on the basis of market capailization. it is calculated by free flot method.

What is the history of Indian share trading market?

Indian Share Market started functioning from 1875. The name of the first share trading association in India was Native Share and Stock Broker's Association which later came to be known as Bombay Stock Exchange (BSE). This association began with 318 members. Indian Share Market mainly consists of two main stock exchanges :- Bombay Stock Exchange (BSE) National Stock Exchange (NSE) Bombay Stock Exchange (BSE) Bombay Stock Exchange is the oldest stock exchange not only in India but in entire Asia. Its history is synonymous with that of the Indian Share Market history. BSE started functioning with the name, The Native Share and Stock Broker's Association in 1875. It got Government of India's recognition as a stock exchange in 1956 under Securities Contracts (Regulation) Act, 1956. At the time of its origin it was an Association of Persons but now it has been transformed to a corporate and de-mutualised entity. The total number of companies listed in BSE is around 3500. Bombay Stock In BSE, the trades that takes place are :- * Equity or Shares * Derivatives (Futures and Options) * Debt Instruments The main index of BSE is called BSE SENSEX or simply SENSEX. It is composed of 30 financially sound company stocks which are liable to be reviewed and modified from time-to-time. The index calculation is done on the methodology of "Free-float Market Capitalization" method. This method is also followed by the leading exchanges like Dow-Jones. During early 1990s it was at 1000 mark, 5000 in 1999, and 8000 in September 2000.It reached a high of 21000 during Jan 2008 and subsequently fell to less than 10000 after the economic crisis.Currently it is hovering around the 15000 mark.National Stock Exchange (NSE) National Stock Exchange (NSE) is the leading stock exchange in India in terms of total volume traded. It is based in Mumbai but has its presence in over 1500 towns and cities. In terms of market capitalization, NSE is the second largest bourse in Asia. National Stock Exchange got its recognition as a stock exchange in July 1993 under Securities Contracts (Regulation) Act, 1956. The products that can be traded in NSE are :- * Equity or Share * Futures (both index and stock) * Options (Call and Put) * Wholesale Debt Market * Retail Debt Market NSE's leading index is Nifty 50 or popularly Nifty and is composed of 50 diversified benchmark Indian company stocks. Nifty is constructed on the basis of weighted average market capitalization method.

What is the stock symbol for living social?

there is no stock symbol, it is privately owned- 14 year old going to basis Tucson!

What rank is China's economy?

China ranks #2 in the world in GDP, both on a purchasing power basis and on an exchange rate basis.

What cost basis should I use to figure out capital gain for stock which was a gift?

If the fair market value (FMV) of the stock was greater than the donor's adjusted basis at the time of the gift, your basis is the donor's adjusted basis plus any gift taxes paid at the time of the gift.

How do you redeem Stone Webster stock?

Stone Webster stock can be redeemed by contracting the Securities Department of the company. They work on a commission basis for those who either want to buy or sell the stock.

What is a stock in catering?

A stock in catering, as in any kind of cooking, is the basis for a soup. Stock can be made from beef bones, a chicken carcass, or even vegetables, depending on the needs of those dining.

How gold price determined in India?

gold prices are determined on the basis of stock market.