Eoin's personal portfolio: stock market Index long initiated
I’ve been watching the H-Share Index closely because with an historic P/E of 6.27 and a dividend yield of 4.66% it is one of the most reasonably priced markets in the world. The Index dropped abruptly over the last two weeks to retest the 2011 low near 8000 and at today’s close was 25% overextended relative to the trend mean. I opened a long in the January contract paying 8528.8 including spread-bet dealing costs.