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Saturday, January 25, 2014

Black Monday awaits??

Boom !!And suddenly, Dow Jones index dipped again. This time, Dow Jones suffered its biggest fall for more than six months by dipping 318 points. The latest drop showed that Dow Jones plunges by almost 2%. Reasons such as Argentina’s decision to abandon the defence of the peso, prompting an 11 per cent fall and a survey showing a slowdown in China’s manufacturing sector definitely played a part in the fall of Dow Jones.

Now the question is, are we awaiting a Black Monday? Will share prices fall tremendously when trading resumes next week? Well, if that actually happens, good opportunities to buy certain stocks are in sight. For me, I will definitely keep a close eye on Keppel Corp.



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