The last time I wrote on this on 13 February 2016, stock markets appeared gloomy. Things brightened up a little now. See table below for the latest numbers as at 21 April 2016.
|Dow Jones (USA)||17,425.03||17,982.52||3.2%|
|S&P 500 (USA)||2,043.94||2,091.48||2.3%|
|Australia All Ordinaries||5,344.60||5,336.40||-0.2%|
|CAC 40 (France)||4,637.06||4,582.83||-1.2%|
|Hang Seng (HK)||21,914.40||21,622.25||-1.3%|
|Nikkei 225 (Japan)||19,033.71||17,363.62||-8.8%|
|Shanghai Composite (China)||3,546.13||2,952.89||-16.7%|
The Straits Times Index (STI) was up 2.7% year-to-date.
The Shanghai Composite was 16.7% down followed by Nikkei 225, down by 8.8%.
The upward momentum is still fragile and things can turned south when bad news hit. Until oil prices stabilises, Fed interest rate holds steady, and China does okay in the economic front, this positive markets may not hold.
Copyright © 2016, limkimtong for Living Investment
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