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could be due to profit taking by fund mgrs after recent up.
worth take a look on this warrant HSI18600BNPeCW070227 for those who are interested.
I presume HSI stands for Hang Seng Index. May due to investor losing confidence that the gov back down on GST. Weak gov ?
what happened?
haven't completed my sentence, then the screen flash and msg sent by itself. anyone encounter this anomaly?
To complete, it should read as:
close down 183pts. better than before.
STI now yo-yo at 3 to 4 pts.
close down 183pts. better than before.
STI
HSI down 240pts!
STI affected
19,000 is coming.
Lookout for index call warrants.
Likely to recover.
those who got call warrants might have a good profit tomorrow.
Hi buddies,
Woah HSI dropped close to 550+ tops today and managed to recover a winny bit till closing. Seems like it has taken a severe beating.
Was expecting a slow drop of 150 to 200 points per day till 18400 but today really got me mashed up. 500 + down in a day is really scarey.
It also affect the SG market which was down as well. Lets see if the US can do something about this tonight.
Anyways meanwhile be careful, try to stay on the sideline to see how this trend goes. It make carry on or it might consolidate and continue with the bull next week. But for now, lets see ......