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A. Marcus collected the data with respect to stocks of Bumi Armada Berhad, SMTRACK Berhad, Dagang Nexchange Berhad, and China Automobile Parts Holdings Limited as
A. Marcus collected the data with respect to stocks of Bumi Armada Berhad, SMTRACK Berhad, Dagang Nexchange Berhad, and China Automobile Parts Holdings Limited as the following table. The base index is 100. You are required to compute a value-weighted index for him. Show all your working steps. December 31, 2022 December 31, 2021 Price Shares (RM) Outstanding Stock Price (RM) Shares Outstanding 46 10,000 55 16,000 39 7,000 30 9,000 ARMADA (CODE: 5210): Bumi Armada Berhad SMTRACK (CODE: 0169): SMTRACK Berhad DNEX (CODE: 4456): Dagang Nexchange Berhad CAP (CODE: 5229): China Automobile Parts Holdings Limited 54 11,000 75 18,000 63 5,000 75 7,000
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