The Good, the Bad and the Ugly (Stock Markets)

We take a look at how a couple of the global equity markets we track are trading this week.

The Good: After  hitting its lowest level since last July on Monday, the Brazilian BOVESPA has staged a nice 4-day rally and is up 2.4 percent for the week.  Pretty impressive given how closely linked it is to China and how poor the Shanghai has been trading.

The Bad:   The DAX, under pressure from the sovereign debt crisis in the periphery, is down 2.10 percent for the week.

The Ugly:   China’s Shanghai Composite continues to trade very poorly closing at its lows and down 4.31 percent for the week.  Keep this one on your radar.  
(click here if charts are not observable)

This entry was posted in Charts, Global Stock Performance and tagged , , . Bookmark the permalink.

1 Response to The Good, the Bad and the Ugly (Stock Markets)

  1. fx says:

    If you’d waited till after Friday, teh Dax would’ve been picture perfect.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.