Checking the daily price of shares is simple. The easiest way is to look at one of the many financial websites that offer share information and up-to-the-minute prices. Try The Share Centre's website and Bloomberg, for example.

For a share price that is updated during the day, you can also check websites, such as the London Stock Exchange. Some newspapers, such as the Financial Times, contain a financial section that list share prices, and most newspaper websites list share details. Most listings contain a number of columns that give you information about the shares.

If you check popular shares such as Tesco, the giant supermarket chain listed on the FTSE 100, you will find a range of information about it. You may need its 'epic' - or abbreviation - to search for the share price, but you can search for this on financial sites such as The Share Centre - in Tesco's case it is TSCO. You can type this into shares.telegraph.co.uk or London Stock Exchange, for example, for more information on the stock.

Here's what all the abbreviations mean:

Price: This is the mid-market price of one share that is worked out at the close of business on the day before the newspaper is printed.

+ or -: This section shows whether the share price has gone up (+) or down (-) since the day before, and by how much.

52 week high/low: This shows the highest and lowest prices that shares in the company have sold for during the year.

Volumes 000's: This tells you how many of the company's shares were bought and sold on the day before.

P/E: This is the price to earnings ratio. It gives an idea of how much a share is making compared to how much it costs.

Updated: 09/01/2013