(股票市场)or-PowerPointPresenta

TheStockMarketAimoflearning:Inthisunit,learnersareexpectedto:--learnthebusinesstermsandexpressionsconcerningsecurities;--thebusinessconceptsconcerningsecuritiesandtheirtrading;--understandhowtodescribecorporateperformanceaccordingtothechangesinitsstockprice.Timerequired:6hoursKEYVOCABULARYAcompanycanraisemoneyonthestockmarket(股票市场）orstockexchange（证券交易所）(amarketplaceforbuyingandsellingshares)intwodifferentways.Itcanissueshares（发行股票）(USstocks),orunitsofitscapital（单位资本）,toinstitutionalinvestors（机构投资者）orthegeneralpublic.Differenttypesofsharesorequities（股份、股票）areavailable,butthemostcommonareknownasordinaryorcommonshares（普通股）(UScommonstock).Whenaninvestorbuysashare,usingtheservicesofaspecialistcompany(专业公司—证券公司）orbroker（证券经纪人）,heorshebecomesashareholder（股东）(USstockholder)andownsapartof(orhasastake股本in)acompany.Shareholderscanmakemoneybyreceivingdividends（红利）,paidasaproportionofacompany‘sannualprofits（年利润），andwhenthevalueoftheirsharesincreases.Acompanycanalsoborrowmoneyfrominvestorsbyissuingbonds（债券）,loansforfixedperiods(固定期限）withfixedinterestrates（固定利率）.Securities（有价证券）referstobothsharesandbonds.Eachyearbillionsofsharesandbondsaresoldortraded（交易）ontheworld'smajorstockexchanges.LeadinManycompaniesareauthorised(授权）tousethestockexchange（证券/股票交易所）totradetheirshares.Everyday,thepressgivespricesandotherinformationaboutthesharesoftheselistedcompanies（上市公司）.Readthenewspaperheadlinesonpage77.Ingroups,decidewhethereachonereflectsagoodorpoorperformance（业绩）ofthecompany'ssharesonthestockexchange.Example:GENERALCINEMASEES$20MILLIONGAINThesharesofthiscompanyaredoingwellsincetherehasbeenagain.2.YouwillhearIsobelMendelsontalkingaboutinvestmentsthatshehasmadeonthestockmarketandherreasonsfordoingso.Listentopart1andcompletethetableonpage77.Typesofinvestments:--preferredstockandstockinvarious;--businessgeographicalsectorsReasonsforinvesting:--highreturnsonhighriskinvestment.Listentopart2.Howdoesshecheckonhershares?portfoliaREADING1Youaregoingtoreadatextwiththeheadline'EuropeansLogOnToInvestmentFever'.Inpairs,discusswhatyouthinkthetextisabout.2Readthetextonpage78andseeifyourideaswerecorrect.Keywordsinreadinginvestmentfever投资热logon登陆（网站）target—tofocuson/payattentiontohooked—beaddictedto/begreatlyattractedaddictionThequalityorconditionofbeingaddicted:入迷，嗜好boom－developveryfast快速发展Businessisbooming.surftheinternet－browsetheinternet浏览网站gainspopularity–becomepopularfinancialproduct金融产品initsinfancy–initsinitialandweakstage处在幼稚期settheirsightson－payattentionto注意到poseachallengeforsth.—formachallengejointventure合资企业licensingagreement许可协议broker经纪人bluechip蓝筹股catchup－赶上securitiesbusiness证券业务underway–intheprocessofdevelopment/changeasingemarket–单一市场（指欧洲commonmarket)stocktrade股票交易drivedownprofitmargin压低利润额lucrativepotential－有利的novel－new,unusual,新的amountto－reach达到fullservicebrokers－－经营全部业务的经纪人goingcommission－－交易佣金forfearof－以免securitiesregulator证券管理者individualEuropeanexchange个别的欧洲证券交易所globalmarketplace全球市场nationalboundaries国界long-rangegoal－长期的计划lagbehind－落后singlecurrency单一货币制fosterthespreadofstocktrading－－促进了股票交易的发展Barclaysplc巴克莱银行有限公司fightoff－击退、避免real-timesharetradingservice实时股票交易服务AlternativeInvestmentMarket替代投资市场smallbusinessmarket（股市）小企业市场squeeze－－挤压/打击revolution—reform/innovation改革创新collapse–goingdown/bigfall下降commissionfees代理费、佣金dipaslowas$5－－fall跌落surface－appear出现financialservices金融服务3Readthetextagainandanswerthequestions.1Whyarcmorepeopletaking;minterestinthestockexchange?2WhatwillmakeEuropeanmarket.changemorequickly?3WhydoAmericanon-linetradersoperatinginEuroperestricttheirdealingstoEuropeanexchanges?4HowaretheEuropeantradersreactingtoAmericancompetition?5Whatwillthelong-termeffectonAmericanbrokersbe?VOCABULARY1.Matchthewordsfromthetextwiththeircorrespondingdefinitions.(page79)Key:2-5ihgj6-10adfcb2CompletethepassageaboutatransactiononthestockexchangeusingwordsfromKeyVocabularyandVocabulary1.Somewordsmaybeusedmorethanonce.(page79)Keys2.broker3.shares4.dividends5.commission6.shareholderVOCABULARYDEVELOPMENT:PHASALVERBS1(page80)Keys:b.buyupc.lookingafterd.goaboute.Thinkoverf.pointoutg.callonh.letdownLANGUAGEFOCUS:Thethirdconditional:Keys:A1thepast2.No3.NoB1thepast2.Yew3.YesWriting（P.85)worldtopmaker—leadingmanufacturerintheworldcellularphone–mobilephonesinadriveto–inattempttodosthpostanetloss–disclosetheinformationinnewspaper(sales)slip—fall/decline/decreasefinancialstatement财务报表liquidity流动性treasurysecurity财政部有价证券bluechip蓝筹股floorbroker场内经纪人settlement交割bullmarket牛市bearmarket熊市weakmarket弱市stockindexfutures股票指数期货futuretransaction期货交易WhatareStocks&Bonds?股票是股份有限公司在筹集资本时向出资人发行的股份凭证。股票代表着其持有者（即股东）对股份公司的所有权。这种所有权是一种综合权利，如参加股东大会、投票表决、参与公司的重大决策。收取股息或分享红利等。同一类别的每一份股票所代表的公司所有权是相等的。每个股东所拥有的公司所有权份额的大小，取决于其持有的股票数量占公司总股本的比重。股票一般可以通过买卖方式有偿转让，股东能通过股票转让收回其投资，但不能要求公司返还其出资。股东与公司之间的关系不是债权债务关系。股东是公司的所有者，以其出资额为限对公司负有限责任，承担风险，分享收益。债券是一种有价证券，是社会各类经济主体为筹措资金而向债券投资者出具的，并且承诺按一定利率定期支付利息和到期偿还本金的债券债务凭证。由于债券的利息通常是事先确定的，所以，债券又被称为固定利息证券。债券通常包括以下几个基本要素：1.票面价值；2.价格；3.偿还期限。债券作为一种债券债务凭证，与其他有价证券一样，也是一种虚拟资本，而非真实资本，它是经济运行中实际运用的真实资本的