Showing posts with label First Week. Show all posts
Showing posts with label First Week. Show all posts

Monday, January 9, 2012

World Stock Market Performance in New Year 2012


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.