Weekly Wrap

For the week, US market sold off. The three major indices lost from 1% to 1.5%.

Asia markets ended mixed, with SSE ended 0.8% higher and HSI ended 2.6% lower, the two indices are at top winner and top loser respectively for the week.

STI down 12.84 points or 0.4% for the week, ended at 3292.21, local market has been extremely quiet and we can feel the kind of 'coldness' never seen in many years. Many believe it's near market cycle bottom and it will eventually cycle up.

STI