Week 2 trading summary[1]:The commodity market was not as volatile as the previous week but that didn’t mean there were less opportunities for the companies trading on the exchange to make money. Proof of that was the increase in the active number of companies from 11 to 17. With four Quintelian and two Pardclinian companies deciding to trade on the exchange. Among the newcomers, a special mention is Dizon Conglomerate, a large Quintelian company that alongside Polakis Trading and Drakon Imperial Commerce now form the three big players of MCE.
While the week was less volatile than the previous one it was by no means uneventful: in Xaeth some members of the local Maori community marched in protest of what they perceive as unjust treatment by their government while the government of Kataine lost to the Theocracy of Kataine a small but strategic city in the East of the country with experts worrying that the war could expand in other areas and destabilize the country. Another important event was the whale hunt of Nya Aland. While the event by itself carries no importance to the global economy or commodity market, it remain an important event for its controversial status and the potential for it to escalate into a war of sanctions over the issue of animals rights. This year however, the fears proved unfounded. The biggest event of the week however was the report in the SICR press that at least one party in their legislative body would be willing to consider a first strike against Rokkenjima under certain specific circumstances. That worried many around Mundus and the short spike in prices that followed was a great opportunity for traders.
By the end of the week, depending of the commodity some ended up trading lower that than at the start of the week while others higher. The same could be said about the major companies trading on the exchange with Drakon Imperial Commerce and especially Dizon Conglomerate (which ended the week with an amazing 30% profit) making millions while Polakis Trading and Globe Telecommunications Services Corporation both ended up in the red with relatively minor losses.