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 option C is the most appropriate statement. Option A is incorrect because not all stocks on the exchange necessarily increased by 2 percent. Option B is incorrect because the TSX 300 is comprised of more than just 2 percent of the index's stocks. Option D is incorrect because the S&P 500 index is not relevant to the TSX 300.

Which of the Following Statements Seems Most Appropriate When the TSX