Wall St fell attempting to rebound after Wednesday's slump. Fed meeting minutes triggered a sell-off around the globe after the central bank flagged that they are ready to act more aggressively than anticipated.

Across the Atlantic, European markets closed lower tracking losses on Wall St. Paris closed 1.7 per cent lower, Frankfurt closed 1.4 per cent lower and London's FTSE fell 0.9 per cent.

Asian markets closed mixed in tandem to the same reaction from stateside. Tokyo's Nikkei tumbled 2.9 per cent, Hong Kong's Hang Seng bucked the trend adding 0.7 per cent, while China's Shanghai Composite closed 0.3 per cent lower.

Yesterday, the Australian sharemarket slumped 2.7 per cent lower at 7,358, its biggest one-day decline since September 2020 erasing all its gains from Tuesday's blockbuster session spooked by the minutes from the Fed.

All sectors closed in negative territory as the technology sector took it on the chin to be the worst performer of the session while materials shed the least.

Dow Jones 36,236.47 -170.64 -0.47%
US S&P500 4,696.05 -4.53 -0.1%
US Nasdaq 15,080.86 -19.31 -0.13%
UK FTSE 100 7,450.37 -66.50 -0.88%

RECENT INDIAN OCEAN SECURITIES TRANSACTIONS

Balkan Mining Minerals Limited (ASX:BMM) Mining Exploration Sector IPO at $0.20 Price Change from IPO Investment: + $0.175 / 85.50%
Smart Auto Australia Limited (NSX:SAL) Electric Commercial Vehicles Sector IPO at $0.10 Price Change from IPO Investment: + $0.10 / 100%
Azure Health Technology Limited (NSX:VTL) Health Technology IPO at $0.20 Price Change from latest Investment entry: - 0.05 / 25%
Albion Resources Limited (ASX:ALB) Diversified Metals & Mining IPO at $0.20 Price Change from latest Investment entry: - $0.015 / 7.5%
Sprintex Limited (ASX:SIX) Auto Parts & Equipment IPO at $0.086 Price Change from latest Investment entry: - $0.013 / 15.12%
Jadar Resources Limited (ASX:JDR) Diversified Metals & Mining Private Placement at $0.03 Price Change from latest Investment entry : - $0.007 / 23.33%
Krakatoa Resources Limited (ASX:KTA/KTAOC) Gold Sector Private Placement at $0.06 Price Change from latest Investment entry : - $0.008 / 13.33%
PYX Resources Limited (NSX:PYX) Diversified Metals & Mining IPO at $0.40 Price Change from latest Investment entry: + $0.76 / 190%
Cokal Limited (ASX:CKA) Steel Sector Funding at $0.04 Price Change from latest Investment entry: + $0.036 / 90%
Cyclone Metals Limited (ASX:CLE) Steel Sector Placement: at $0.0017 Price Change from latest Investment entry: + $0.0073 / 429.41%
Food Revolution Limited (ASX:FOD) Packaged Foods & Meat Placement at $0.035 Price Change from latest Investment entry : - $0.0007 / 20%
Synertec Corporation Limited (ASX:SOP) Technology Sector Placement at $0.023 Price Change from latest Investment entry: + $0.077 / 334.78%
Douugh Limited (ASX:DOU) Wireless Telecommunications Services Placement at $0.020 Price Change from latest Investment entry: + $0.074 / 370%
This information has proudly been provided by Indian Ocean Securities - www.indianoceansecurities.com. Indian Ocean Securities is a Boutique Australian Financial Services licensee firm (AFSL: 336409), providing tailored strategic advice and corporate finance solutions to a select, high net-worth/ wholesale, Institutional and corporate clients, throughout the Asian and Australian Financial markets.

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Advanced Share Registry Limited published this content on 07 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 January 2022 08:07:07 UTC.