US Stock Markets remained closed on Monday 5 July 10

On account of Fourth of July 2010: The Independence Day: US stock markets will remain closed on 5 July 10.

Experts believe that on the last trading day of the current week, we may see some buying from the investors: the reason can be the holiday on Monday next week. But experts also believe that it can be the opposite: that is: we may see lot of selling instead of the buying.

Investors seem to be making their minds what they will do : )

Yesterday, on 29th of June, US stock markets dropped a lot. DJIA alone dropped 250+ points. This negative trend seems to be due to the economical concerns.

So in the current situation, it is hard to guess what will be the stance of buyers on Friday:

  1. NIB Bank may get into the Defaulter’s List at KSE
  2. Pak Rupee at Record Low Level against US Dollar: 12 July 10
  3. Gold Price drops more than 35 Dollars in one day: 1 July 10
  4. Very low share volume recorded at KSE: 1st July 10
  5. For a Third Day in a Row, Gold is making a New All Time High Record: 21 June 10

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