Impact of Some Stock Exchange Indicators on the Turnover Ratio of the Stocks of Glass and Porcelain Firms at Amman Stock Exchange during the Period
Stock markets are considered as a measure of the economy, in which the condition of the stock
exchange indicates the general development of the production sector. Nowadays, the
importance of the stock exchange market is regarded among the most important financial
tools, especially on the light of the Globalization and the new world order. Economists consider
the exchanges as a mirror which reflects the reality of the conditions of the listed firms. While
those exchanges had been the source of wealth for some investors, they had been the source
of misery and bankruptcy of others, which can be ascribed to the high volatility at those
exchanges (Esam, 2007).
Organized Stock markets play a vital role in the recruitment of resources and savings, and their
investment, as well as the role they play in the development of economy, and their contribution
to attracting foreign and local investments. It can be said also that the success of economic
reform programs depends on the presence of an active stock market, which extends and
develops the exchange of stocks within an organized market.
Keywords Stock Exchange, Indicators, Turnover Ratio