NYSE review for august
March 24th, 2010
Basically the market in the month of august was running a bit slow and low. Auctions were closed for the simple reason that the economy at the moment is not really stable to take the brunt of another catastrophe if it occurs.
On the whole the market had a good response which saw the big shareholders climb considerably, though rumors made rounds in the marketing world that a couple of well to do companies were closed down and assets frozen on account of illegal activities.
Falling petrol and mineral prices accounted for some brief bouts of depression as the reduction of prices on non ferrous metal and petroleum products accounted for the negative aura.
In general though the market was stable a lot of ups and downs related to the prices of the shares of companies and auction indicators led to a slight decline in the total gain acquired by the NYSE.
Posted in Stock Market
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