The market continue in a depressing mood, with a lower low.
Hang Seng Index slumped 344.15 ended at 18542.15, marked a lower low compared to yesterday. The futures market closed at 18751 (-96), reached highest at 19260 in the morning, but long liquidation sent spot futures to lowest at 18530.
Nikkei 225 lost 2.43 percent or 398.93 closed at 16017.26; Shanghai Composite Index ended at 2880.88 (-95.89) or 3.22 percent and FBM KLCI Index settled at 1600.92 (-17.91).
Currently, DJIA is down 18.60, last reading at 15748.14. How will the US market close by end of the day? How does it affect the Asian market tomorrow? Since the global market is in negative zone for 2 weeks, when is the selling discontinue? Will we see a rebound tomorrow or next trading week?
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