[caption id="attachment_2109" align="alignright" width="150" caption="Photo by FABIOLA MEDEIRO"]
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There was quite a number of positive news for the month of March. The indices which took a dip in January and February, finally took a turn in March to get back into positive territories for 2010.
Let us take a look at the March and Year to date performances of selected indices.
The 1st Minute – Let us appreciates the Indices for the month of March
a) March was a very good month for most indices regardless of developed or developing economies. Nikkei index surprising posted a near 10% gain for the month and Emerging Market lagged slightly behind at 9.4%.
b) Singapore and Hong Kong year to date performance is lacklustre at 0.3% and -1.2% respectively so far. It is probably due to their strong performances at end 2009.
c) Oil and Gold prices continue to creep upwards in March but at a relatively controlled pace. This could be due to the stability of the US currency and the gradual growth of the global economies thus far.
d) The Vix index dipped nearly 10% in March. This may signal lesser fear and more assurances among investors that the economy is well on the mend.
e) Baltic index is still hovering around 3,000 and had held around this figure for many months. There do not seems to be any surging shipping demand yet.
Read more...
a) March was a very good month for most indices regardless of developed or developing economies. Nikkei index surprising posted a near 10% gain for the month and Emerging Market lagged slightly behind at 9.4%.
b) Singapore and Hong Kong year to date performance is lacklustre at 0.3% and -1.2% respectively so far. It is probably due to their strong performances at end 2009.
c) Oil and Gold prices continue to creep upwards in March but at a relatively controlled pace. This could be due to the stability of the US currency and the gradual growth of the global economies thus far.
d) The Vix index dipped nearly 10% in March. This may signal lesser fear and more assurances among investors that the economy is well on the mend.
e) Baltic index is still hovering around 3,000 and had held around this figure for many months. There do not seems to be any surging shipping demand yet. Read more...
