MarketSaga

Saga of Financial Markets

Fri12152017

Last updateSat, 29 Jul 2017 12am

Back You are here: Home Market Market Update Saga

Market anomaly - January Effect

The January effect is a calendar-related anomaly in the financial market where stock prices increase in the month of January.  The main characteristics of the January Effect are an increase in buying securities before the end of the year for a lower price, and selling them in January to generate profit from the price differences. Add a comment

Read more: Market anomaly - January Effect

HSBC India Fund Manager - Duggal

HSBC GIF Indian Equity Fund managed by Sanjiv Duggal was one of the star performer, a go-to fund since 2003.  It had performed very well since its launch in 1996 delivering a total returned of 636% in the 10-year period ending Aug 19 versus the 445% average return of peers. Add a comment

Read more: HSBC India Fund Manager - Duggal

You only need to work 12 days a year?

According to Stock Trader’s Almanac, over the past 13½ years from September 1997 to February 2011, if one were to buy the Dow Jones Industrial Average at the end of the last trading day of each month and sold it at the end of the first trading day of the next month, it would have ended up with a total gain of 6,021 points for just 162 days work. Add a comment

Read more: You only need to work 12 days a year?

It's that herd behaviour

Ever since 2008, when Michael Masters, a hedge fund manager, first testified to Congress about the impact of index investors on price levels, US regulators have been trying to assess how these funds do – or do not – affect prices. The issue is now being scrutinised by regulators and central bankers too: the Financial Stability Board, for example, is now quietly analysing investment flows in commodities. Add a comment

Read more: It's that herd behaviour

Flash Crash caused by Algorithm

On May 6 2010,Dow Jones Industrial Average (DJIA) suddenly dropped of nearly 1,000 points , wiping off approximately $1,000bn of US shares- incident known as 'Flash Crash'. At one point that afternoon, the Dow dropped 481 points in six minutes and then had recovered 502 points just 10 minutes later. Add a comment

Read more: Flash Crash caused by Algorithm