Stocks weakened in three weeks

In the three weeks when I was away for a silent retreat without any access to news of any kind, the stock markets continued to weaken.

Stock Indices 17-May-2019 7-Jun-2019 Change (%)
Hang Seng (HK) 27,946.46 26,965.28 -3.5%
Shanghai Composite 2,882.30 2,827.80 -1.9%
Nikkei 225 (Japan) 21,250.09 20,884.71 -1.7%
STI (Singapore) 3,205.46 3,166.29 -1.2%
Nasdaq (USA) 7,816.28 7,742.10 -0.9%
S&P 500 (USA) 2,859.53 2,873.34 0.5%
Dow Jones (USA) 25,764.00 25,983.94 0.9%

The four Asian stock markets were in negative territory. Hang Seng Index was down 3.5%, the worst performing stock market.

The STI was down 1.2%. My portfolio of Singapore equities took another beating.

The US stock markets were relatively unscathed. The trade war between US and China still weighs down the global stock markets.

Copyright © 2019, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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