Sunset Strip > Trading Day Wrap From Blue Ocean 20170526

Mathan Somasundaram

Local market was smacked down on the open before making a slight recover…market reducing exposure before US goes into a long weekend…Memorial Day on Monday. The best performers were Gold, Property and Utilities while Energy, Miners and IT were the worst trading was in play…bond yields fell as well. US market was held up on US Fed rate outlook optimism and better results from retail sector while OPEC disappointed.

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