Thursday, May 31, 2007

Stock markets recover after second dip

The stock markets turned positive again this afternoon after a contraction that lasted for one and a half day. After a dip of over six percent yesterday, the downward trend of the Shanghai stock market continued this morning hitting a new low of again five percent around ten o'clock but was back over three percent up again at the beginning of the afternoon.
A few months ago the stock markets took another hit of 9 percent, but recovered soon after that.
It does indicate a greater volatility, but for the middle-long term the trend seems to be positive.

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