Index Name
|
30-Dec-11
|
6-Jan-12
|
Change
|
In %
|
Dow Jones
|
12260
|
12351
|
91
|
0.742251
|
Nasdaq
|
2609
|
2673
|
64
|
2.453047
|
Nikkei
|
8357
|
8390
|
33
|
0.394879
|
Kospi
|
1826
|
1825
|
-1
|
-0.05476
|
Hangseng
|
18755
|
18488
|
-267
|
-1.42362
|
Shanghai
|
2182
|
2220
|
38
|
1.741522
|
S&P 500
|
1260
|
1277
|
17
|
1.349206
|
CAC
|
3162
|
3134
|
-28
|
-0.88552
|
DAX
|
5909
|
6054
|
145
|
2.453884
|
FTSE
|
5628
|
5643
|
15
|
0.266525
|
Sensex
|
15702
|
15771
|
69
|
0.439434
|
*Above Pie Chart is a reflection of this chart.
Stock Market Performance over the first week of the new year 2012 is not much convincing with clear directions of upward or downward bias not clear. While Dow Jones was Flat, NASDAQ showed better performance with 2% gain over the week. Shanghai, DAX, S&P 500 and Asian market closed with positive bias with CAC and Kospi closing with negative bias.
Markets worldwide are likely to show a disconnect among themselves with US showing flat to negative performance and Europe completing there bottoming out process during this month. Europe will exhibit good volatility as it strives to solves the deficit issues of its countries in the first half. Do expect a lot of see-saw there though. Financials and companies with high debt are likely to make new bottoms, a technical rally than should bring some sanity. Though remember NO BOTTOM IS GOOD ENOUGH. Gold and US Dollar will be safer investments during this time.