Subscribe to this site via RSS FeedMajor pull back in global stock markets last week. It appeared as if market is going to consolidate for longer period due to economic worries, its just bounced back strongly, and this is sharp up move.
- Usa stock markets : Dow jones index moved from lows of 8143 to high of 8743, thats almost 600 points jump in 5 trading sessions.
- Indian stock markets : BSE index went up from 13240 to 14,800 ( closing 14,744)
- Hang Seng markets off the low from 17,194 and weekly closing 18800 , shows gain of 1800 points.
- Nikkei stocks index rose from 9050 to 9400 levels, gain of 350 points.
- Brazil’s bovespa index increased from 48,250 to 52,000 levels , gain of 3750 points.
- FTSE 100 index gained 350 points, from lows of 4050 topped at 4400 closing 4389
Important to watchout how the markets perform for upcoming week, essential to see if markets are able to sustain the upwards rally, as last time the markets went down from the current levels, currently they are back at same stage.
Published under Stock Markets.
