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.

1. Price-weighted (15 marks)
2. Equally-weighted (15 marks)
3. Value weighted (15 marks)

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)