52 Week Lows For These Stocks – What About Their Bonds ?
39 stocks in a day breached their 52 week lows. That is the largest number for this year.
Many of them have recently issued bonds too.
I will have to work on their bond prices tonight as I have head out now.
Hi Tradehaven, thank you so much for everything again. Hope you have rejuvenated after a good rest. May I seek your advice on this: The SGS Singapore government bond that mature in 2042 NA12100N 420401 10 PH1S increased very sharply today from around 90 region to 99.99 region, more than 10% increase and there is quite a huge volume well in excess of 200++K. The price has been dropping ever since the tapering story began, do you happen to know if there are any reasons for the sharp rise today?
A war of some sort seem to be imminent in Syria, does Sir so happen to know if this will very much adversely affect the business of Ezion and hence its bonds? I have not much idea actually how much is Ezion related to those oil business in middle east or whether it is good or bad for Ezion if oil price shoots up cos of war of some sort in the middle east. The share price of Ezion seem to be dropping sharply today.
Thank you so much again and have a great day ahead.
Yours fears are warranted and yes, they would be impacted otherwise their share price would not be dropping.
Do not see any changes in the Ezion prices, except for its perp which seems to have come off which could also be blamed on the yield sell off that has affected the Reits as well.