Online Trading
In the oil market, Brent crude prices dropped 1.4%, settling at $86.88 per barrel. These prices fluctuated between $72 and $102 earlier this month amid uncertainties regarding U.S.-Iran relations that affect oil transport from the Middle East.
Reports indicated that U.S. economic growth slowed more than expected in the spring, with inflation remaining above the Federal Reserve's target but showing some slowdown from May. Microsoft’s shares surged 15.5%, its best increase in nearly 18 years, due to strong Azure cloud growth and AI adoption. In contrast, Meta’s stock fell 8% after reporting weak profits and increasing its AI investment forecast.
In Europe and Asia, indexes showed mixed results, while longer-term Treasury yields stabilized after significant increases. The yield on the 10-year Treasury was 4.67%, and the 30-year Treasury yield rose to 5.22%.
*9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
*On an average, loss makers registered net trading loss close to ₹ 50,000.
*Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
*Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.
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