Morning Call 29/12/2022 - Liquidity is lost, money flow is strongly diverged
29/12/2022

Summary

At the end of Wednesday's session, the Dow Jones Industrial Average fell 365.85 points or 1.1% to 32,875.71 points. The S&P 500 Index lost 1.2% to 3,783.22 as investors worried that China's end to its Zero Covid policy could lead to an increase in infections worldwide.

The index was still in green but the spreading momentum started to be uneven. Besides, liquidity continued to remain low. The sentiment near the holiday makes buying and selling transactions also gloomier.

 

  • World stocks corrected at the end of the year
  • Domestic stocks regained the threshold of 1,000 points but liquidity remained low
  • Technical view and recommendations
Category
Daily
Author
SSV
Details

Page: 11

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