Online Trading
Concerns in the bond market lessened after the US Treasury announced plans to more than double its purchases of long-term debt. The US 30-year Treasury yield had reached a high not seen since 2007. Japan's 10-year government bond yield also fell to approximately 2.84%, down from a 30-year high of 2.95%.
In July, Japan's trade deficit grew significantly due to record-high imports, primarily driven by crude oil purchases, while exports remained strong, particularly for AI-related chips. Key gainers included Kioxia Holdings (+6%), SoftBank Group (+3.1%), Toyota Motor (+4.3%), Nintendo (+2.4%), and Advantest (+1%).
*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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