Is the SET struggling to stay @ these lvls?
Back in May I posted this
A few things to note:
- The SET has only been around since 1987
- Looks like the 1st Quarter post a coup is great, 2nd quarter is rubbish
With the market off some -1% as of writing some people are getting nervous (they haven’t seen a drop in a while), so lets see how the market has done since the coup on the 22nd May
Mkt Close 22/05/14: 1,405.21
+ 1 Month: 1,466.70 (+4.4%)
+ 2 Months: 1,521.22 (+8.3%) as of mid-day
So will history rhyme as with the previous 2 coup’s? If so that means in 4 months from now the market may be below 1,400. Just something to keep in mind.