Australia’s ASX All Ordinaries Index was up 1.22% this week following a 0.14% gain last week. Its distribution day count remains at four. Te index remains in a Confirmed Uptrend
Author: Saminathan Jaganathan
Global Focus Emerging
Te CSI 300 dropped -1.81% for the week on decreased volume. Te market remains in a Confirmed Uptrend with no distribution days. It was not a surprise the index pulled back after a four-week gaining streak, and the index remains constructive as long as key support holds and distribution days remain low. Te next immediate support is at ~3,900, and resistance at ~4,100 for the CSI 300
Global Focus Frontier
Al Rajhi Bank is world’s leading Islamic bank with total assets of SAR 356B. Te bank continues to grow by expanding its loan and deposit market share.
