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HK Index change constituent Weight % influence

As HK Index change constituent Weight % , I believe the HK market will be more volatile.

1 005 change from 11.33% to 15 %

2. 941 change from 14.38% to 14 %

3. 939 change from 5.91 to 8.01%

What does it means?

005 is very unstable because of the external market inpact, 941 is the only one vehicle which did not fall into financial and insurance group. Thus in future, if people want to support the HK index, they need to buy more 941 than before. However in the coming two years. 005 will be the worst in market. So what the people will do. Let 's see


6 March 2009

US Market
The Dow open at 6874 and close at 6594 -281 (-4.09%)
Sector performance (% change on day): Financials (-9.94%), Tech (-3.53%), Health Care (-3.18%), Consumer Staples (-2.56%), Consumer Discretionary (-4.65%), Industrials (-4.62%), Energy (-4.75%), Telecom (-1.95%), Materials (-3.76%), and Utilities (-3.64%).

The EUR trade at 1.2679 at 5:15pm.

The GBP trade at 1.4220 at 5:15pm
The CAD trade at 1.2843 at 5:16pm
The JPY 97.38 at 5:16pm
The Gold price is 939 at 5:16 pm
The Crude Oil March is 43.7 at 5:16pm

Japan Market
The Nikkei open at 7328 and closed at 7173 -260(-3.5%)
UFJ closed at 401 -20(-4.75%)
Sumitomo Financial 2765 –190(-6.42%)
Fast Retailing closed at 8910 -660(-6.89%)
Canon closed at 2190 -45 (-2.1%)
Toyota closed at 2900-85 (-2.84%)

The JPY is 97.35

HK Market
The HS Index open at 12041 and closed at 11921 -289 (-2.37%) the turnover volume is 469Mprevious 430M
The 005 open at 43.45 and closed at 43.5 with volume 125M, Previous 63M.
The 3988 open at 2.17 and closed at 2.21 with turnover 1650M previous 721M
The 1398 open at 3.1 and closed at 3.14 turnover 406M previous 491M

China market

The Shanghai Market opened at 2180 and closed at 2193 with volume 1054 M and previous 1544 M
The BOC RMB3.58 –2.19%
The ICBC RMB3.8 –2.567%

Release Reports

International –US Time
US – US Time
Friday, March 6, 2009
4:30 a.m. UK: Feb Producer prices
4:30 a.m. UK: 4Q BoE UK banks external business
8:00 a.m. FRA: Jan OECD Composite Leading Indicators

US Market

Friday, March 6, 2009
8:30 a.m. Feb Non-Farm Payrolls: Expected: -675K. Previous: -598K.
8:30 a.m. Feb Unemployment Rate: Expected: 8%. Previous: 7.6%.
3:00 p.m. Jan Consumer Credit: Expected: -$7.0B. Previous: -$6.6B.

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