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SCX Update - 26th November

  • Nov. 26th, 2010 at 8:32 PM
scx, world finances
It's been another quieter week on the SCX.  The most notable announcement is that for the next fortnight the basic exchange rate has been lifted to 80 and the regular rate to 130.  So buy in while it's still high!

The ASTEX is up 98 points this week, to close at 1018 points.  The driver of this continues to be Andreas' Shop, though work by the Shirithian MiniInt means that Kildfare could start linking to the national network soon.

The FIEX rose 56 points this week to close at 1631 points, having made half of that gain today.  Ptia Bread has seen large increases as investors move in to take advantage of the upcoming dividends.  JASO and Apollo Aurora have also had significant gains this week, as the VERA-JASO Moonshot continues.

The NBB meanwhile has continued to lose ground as Batavian GDP slips further, falling 11 points to close at 467 points.  BRIM and BCK were the success stories this week, pushing against the trend to make solid growth this week, on the back of some good developments.

Finally, the NSX gained 28 points this week, to close at 590 points.  While Gralan GDP growth has led to general growth, gains have been mixed across the board.  ILL and NVT have made more than 10% growth, while COB and BHS have lost ground as investors offload them after their dividend payouts earlier this month.  The NSX remains the market to watch as interest in the SCX continues to grow.

Now the ever popular Top 5
Position Name Wealth
1 Banque de Alexandrie au Stormark 1629643.57
2 Andreas the Wise 1292768.14
3 Gerk 641091.01
4 Jonas 440542.89
5 Constantijn 279162.59
Again, positions remain unchanged this week, but outside of this table a brand new trader has catapulted into 6th place, and is nipping at the heels of Constantijn.  All investors have grown this week except for Constantijn, who has fallen slightly as the NBB declines.  Better watch out, Constantijn, or you'll soon drop out of the top 5!

Comments

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Apr. 14th, 2011 02:41 am (UTC)
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