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A stock sector is a way of identifying what the company of the stock does. It is very similar, if not exactly the same as the stock's industry. For example, Exxon Mobil (XOM) would be in the Energy sector.

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What is private sector bank?

Private sector banks refer to banks which have the majority of stock owned by private people. The government cannot own a controlling share in a bank designated as private sector.


Is scotia bank a private or public sector?

Scotiabank, officially known as The Bank of Nova Scotia, is a public sector financial institution. It is a publicly traded company listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE). As a major bank in Canada, it operates in the financial services sector, providing a range of banking and investment services to individuals and businesses.


Differences private sector and public sector?

Private Sector are generally small business organizations run by private individuals or groups (not shareholders) and are not listed in the Stock Exchange. Private companies are also unregulated by a federal authority. The Public Sector are companies owned by shareholders and available for public purchase through the stock exchange. Public companies are regulated by a federal exchange commission, but are available for purchase by foreign investors - such as China's current shares in GM. For instance; A public company can become private by having ALL shares in its Stock Exchange purchased by an individual, a small group of investors, or another company that is privately held.


What are some effective sector investing strategies to maximize returns in the stock market?

One effective sector investing strategy to maximize returns in the stock market is to focus on sectors that are expected to outperform the overall market based on economic trends and forecasts. Another strategy is to diversify investments across different sectors to reduce risk. Additionally, staying informed about sector-specific news and events can help investors make informed decisions.


Is Information Technology a commodity?

Information Technology is not a commodity. Information Technology is a service and that is why in some global stock indexes, IT stocks are classified under the service sector.

Related Questions

What are stock indices?

Stock indices are measurements of specific areas of the entire stock market. For instance, the tech sector or the services sector.


What is a list of ticker symbols for stock sector indexes?

I am trying to find the sector and industry group name and corresponding ticker symbol for any given stock.


How do you use sector in a sentence?

Because of the size of the town, the Marines had to clear out the enemy sector by sector. The stock market was down due to weakness in the banking sector. The equation for the area of a circular sector is [pi r2 (θ °/360°)].


What is meaning of psu in stock market?

psu means public sector unit


What is private sector bank?

Private sector banks refer to banks which have the majority of stock owned by private people. The government cannot own a controlling share in a bank designated as private sector.


What stock market sector is Disney in?

Disney (Walt) Co. is located in Consumer Discretionary(Sector)-Media(Industry) and Movies and Entertainment(Sub-Industry). Ray


Is Exxon Mobil a public sector?

No, Exxon Mobil is not a public sector entity; it is a publicly traded corporation. It operates in the private sector, primarily engaged in the exploration, production, and distribution of oil and gas. As a publicly traded company, its shares are available for purchase on stock exchanges, allowing private investors to buy and sell its stock.


Which company is represented by XLE on the stock market?

The company represented by XLE on the stock market is 'Energy Select Sector'. One can view the latest price of their stock on Yahoo Finance or Nasdaq.


Can a public sector be a private sector?

A public company can become private by having ALL shares in its Stock Exchange purchased by an individual, a small group of investors, or another company that is privately held. "Public" refers to its public accessibility through shareholder trade. "Private" means there are no shareholders or listing for said company in the Stock Exchange.


Is scotia bank a private or public sector?

Scotiabank, officially known as The Bank of Nova Scotia, is a public sector financial institution. It is a publicly traded company listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE). As a major bank in Canada, it operates in the financial services sector, providing a range of banking and investment services to individuals and businesses.


After the stock market crash what happend to America's banking sector?

It collapsed as frightened depositors raced to withdraw their money. ~Novanet :)


What stock exchange is the Mitsui company listed on?

Mitsui is a company in the energy sector and in the oil and gas industry. It is listed on the Tokyo Stock Exchange. Its one-year return is at 14.12% and has a positive outlook.