It is quick in 2020.
Plenty has happened in the first month of 2020.
Cornavirus hogs the headlines. WHO declare global emergencies. Stocks are down.
STI volumes for the pass year. It is pretty consistent except for December 2019 due to the holiday season.
SGX stock movement for the year differs from STI movement. There is hardly any correlation. Volumes tends are dissimilar too. I think as long as the volumes are high, I think SGX should be ok.
I was looking for actual data. I chance upon this site stooq. They have a CSV file that I can download.
I was intrigue by the data though was wondering where is the source. After further research, it is from Yahoo after all.
From a quick glance, the volume of trades is about 200,000,000 or 200 Million per day.
Looks like Monday volume is double of Tuesday. It is because of the sell off in the market due to the cornavirus.
Wednesday volume is 263,161,800. It is a tad higher than Monday. I think over sold stocks are picked up.
The DOW and NASDAQ closed higher this morning. Probably, it will affect the stocks here to perform better.
Please see my disclaimer in my blog..
Plenty has happened in the first month of 2020.
Cornavirus hogs the headlines. WHO declare global emergencies. Stocks are down.
STI volumes for the pass year. It is pretty consistent except for December 2019 due to the holiday season.
SGX stock movement for the year differs from STI movement. There is hardly any correlation. Volumes tends are dissimilar too. I think as long as the volumes are high, I think SGX should be ok.
I was looking for actual data. I chance upon this site stooq. They have a CSV file that I can download.
I was intrigue by the data though was wondering where is the source. After further research, it is from Yahoo after all.
From a quick glance, the volume of trades is about 200,000,000 or 200 Million per day.
Looks like Monday volume is double of Tuesday. It is because of the sell off in the market due to the cornavirus.
Wednesday volume is 263,161,800. It is a tad higher than Monday. I think over sold stocks are picked up.
This data is a good technical indicator of the sentiment.
The DOW and NASDAQ closed higher this morning. Probably, it will affect the stocks here to perform better.
Please see my disclaimer in my blog..
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