The $NASDAQ 100(NDX)$ plunged 4.8% by the close of the US trading session (5 June), marking its steepest one-day decline since April 2025 as heavy selling in semiconductor stocks rattled investor sentiment.
Correspondingly, the Nasdaq 7x Short DLC surged around 33%, while the Nasdaq 7x Long DLC declined by a similar magnitude.
The weakness spilled over into Asian markets during the morning session (8 June). The benchmark $HSI(HSI)$ fell 1.18%, while the tech-focused $HSTECH(HSTECH)$ declined 2.4%. Meanwhile, the $MSCI Singapore Index - main 2606(SGPmain)$ slipped around 1.3%.
In line with the market move, the HSI 7x Short DLC gained around 8.3%, while the HSI 7x Long DLC fell by a comparable magnitude.
Similarly, the HSTECH 7x Short DLC gained close to 17%, whereas the HSTECH 7x Long DLC fell by a comparable magnitude.
In Singapore, the SiMSCI 7x Short DLC gained around 10%, while the SiMSCI 7x Long DLC fell by a comparable magnitude.
Investors expecting further downside in the markets may look to Short DLCs as a way to potentially benefit from declines in indices or individual stocks. Conversely, those anticipating a rebound could consider Long DLCs to amplify exposure to any upside recovery.
See the full list of DLCs on dlc.socgen.com.
This advertisement has not been reviewed by the Monetary Authority of Singapore. This advertisement is distributed by Société Générale, Singapore Branch. This advertisement does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.
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