Ghana Financial Industry Index is a market index yet to be introduced to track the performance of shares of financial co

[answerhappygod]

Ghana Financial Industry Index is a market index yet to be
introduced to track the performance of shares of financial
companies listed on the Ghana Stock Exchange. The Index will
initially contain the shares of four listed financial companies and
will be adjusted as more and more financial companies get listed.
The following table provides information on the share prices of the
first four companies forming the index:
Companies
SHARE PRICES OF COMPANIES IN PERIODS
Periods
1
2
3
4
5
6
7
8
9
A
12
12.8
13.6
14.6
15.4
16.7
17.8
18.8
19.8
B
5
6.4
4.2
4.2
3.6
3.8
2.5
5.6
5.6
C
15.1
12.4
16.5
17.5
12.6
8.5
13.6
16.8
10.4
D
10.2
9.4
8.0
8.0
8.0
7.5
7.2
6.4
6.4
VOLUME OF SHARES TRADED IN EACH PERIOD
A
1200
1200
1200
1200
1200
1200
1200
1200
1200
B
2500
2500
2500
2500
2500
2500
2500
2500
2500
C
1500
1500
1500
1500
1500
1500
1500
1500
1500
D
1000
1000
1000
1000
1000
1000
1000
1000
1000
Using a DIVISOR of 4.0 design an appropriate index based on the
information above. The index should be based on all of the
following.
Provide your comments on the performance of the Index and the
performance of the companies in the light of the movement in the
index.


(5 marks)