Why Gap between Saturday Close and Monday Open ?

Hello Friends ?

Why Gap between Saturday Close and Monday Open

I observing the gap between the Saturday (05-Jul-2014) Close and Monday (07-Jul-2014) Open values for MCX Copper.

I am new for trading and new bee for this forum also.

I want to know the reason between this gap.

thanks

thilag

Commodity trading in India stops at 12 am and is open on weekdays only(off on Saturday and Sunday worldwide) but other countries in the west, keep trading due to the time gap on weekdays. So sometimes when our market closes, some bad or bearish news gets published or sometimes Chinese data on copper comes over the weekend which if negative can influence bearish sentiment of investors. So when this happens and the market opens on Monday after closing on Friday 12 am, we see this gap down opening in markets.

Plus on Monday morning other markets in the east like Japan and China open sooner than ours, so this news which came over the weekend effects them 1st thing in the morning and a trickle done effects begins and brings the price down worldwide, effecting Indian markets.

margin trading dangerous be ensure u have sufficient margin to survive spike don;t over trade using all margin . Always keep back up money in bank good luck

gap up down is old technique of bald guy to trap trader

Lol, no bald guy here in commodities.....
International commodities like gold, oil and copper is electronically as well as physically traded actively in China, India, then in Europe and USA finally one by one as their markets open, so its purely demand and supply matching according to the perception of the players as and when they come.