Sluggish Start for Trade in May

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Sluggish Start for Trade in May

May started with thin turnovers, slow trade and losses for indexes on BSE floor. All 4 indicators closed down on Friday.

Their losses were as follows: SOFIX (-0.28%, 441.23 points), BG40 (-0.54%), BGREIT (-0.04%) and BGTR30 (-0.22%, 356.89 points).

Indexes decline on a weekly basis as well, with SOFIX posting the smallest loss (0.01%). BG40 dropped by 1.57%, and BGREIT and BGTR30 fell by 0.1% and 0.37% respectively.

SOFIX however sees a 21.77% hike so far in 2011. The other three indexes' year-to-date performance is as follows: BG40 (+15.06%), BGREIT (+18.22%) and BGTR30 (+17.59%).

Year-on-year change is also positive: SOFIX (+7.49%), BG40 (+14.73%) and BGTR30 (+13.27%).

This week 19 stocks within BG40 appreciated and 2 stayed unchanged.

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