- The market index reached its lowest point in the year 2009.
- Based on the market index, demand began to fall sharply in the year 2008.
What is a market index?
A market index can be defined as a financial tool that is typically used by investors and financial managers to measure a segment of the financial market. Also, it is commonly used by economists to compare the rate of returns on specific investments in the financial market such as stock investment.
In this scenario, the market index reached its lowest point in 2009 due to economic and financial crisis within the country. However, demand began to fall sharply in 2008 based on the market index.
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