Roy and John are final year Business Administration students at Ocho Rios Community College. They are interested in researching the Jamaica Stock Market. Their area of focus is the stock market indices. They contact Mr. Wayne Brown, the Marketing Manager of the Jamaica Stock Market, who has committed to meet with them to answer their questions.

A. Briefly discuss THREE (3) uses of security market indicator series. (6 marks)

B. You are given the following information regarding prices for stocks of the following firms:

		PRICE
Stock	Number of Shares	T	T+1
Scotiabank LTD	1000000	60	80
Jeevan Ltd	10000000	20	35
Priceline Ltd	30000000	18	25

1. Construct a price-weighted index for these three stocks and compute the percentage change in the series for the period from T to T + 1. (5 marks)
2. . Construct a market-value-weighted index for these THREE (3) stocks and compute the percentage change in the series for the period from T to T + 1. (5 marks)
3. Based on your answer above, which of these indexes BEST illustrates the movement on the stock market. Give reasons for your answer. (4 marks)