Which of the following statements seems most appropriate when the TSX 300 increases by 2 percent?
A)all stocks on the exchange increased by 2 percent.
B)only 2 percent of the TSX index's stocks increased.
C)a broad-based market indicator was up by 2 percent.
D)The S&P 500 index increased by 2 percent.

Question

Quizplus · Accepted Answer

The TSX 300 is a broad-based market indicator, so when it increases by 2 percent, it means that the overall market for Canadian stocks has gone up by 2 percent. Therefore, (A) and (B) are incorrect. Additionally, the S&P 500 index is a US market index and not relevant to the TSX 300, so (D) is also incorrect.

Which of the Following Statements Seems Most Appropriate When the TSX