ADVERTISEMENT
(Bloomberg) -- A majority of global equities have fallen below their 200-day moving averages for the first time in 15 months, in a sign market breadth is weakening. Fifty-two percent of the members of the MSCI AC World Index are trading below the mean, a break beneath which is typically considered a bearish signal by traders.
ADVERTISEMENT
©2018 Bloomberg L.P.
RECOMMENDED FOR YOU
POPULAR
1
M&M Financial Q4 Results: Profit Falls 9.5%, Misses Estimates
2
Mahindra Finance Fraud At Mizoram Branch Impacted Q4 Profit By Rs 135.86 Crore
3
Buffett Says US Corporate Taxes Likely To Rise To Tame Deficit
4
AI Scamming To Emerge As Next 'Growth Industry', Says Warren Buffett
5