Just before US President Trump announced to stop the tension on Iran, an unknown trader took a big bet. He bought shares worth Rs 12,600 crore and made a profit of Rs 840 crore in just 20 minutes. This incident raises suspicion that the trader was already aware of the decision.
Washington: The game of stock market is very unique. Major events happening in the world have a direct impact on it. Whenever there is a disaster like war or earthquake, the market falls drastically. At the same time, some big decisions of the government also cause a rise in the market. Something similar happened in America, where an announcement by President Donald Trump made an unknown person or organization the owner of Rs 840 crore in just 20 minutes.
Profit of Rs 840 crore in just 20 minutes
This surprising incident came to light when US President Donald Trump announced a pause for 5 days on the ongoing tension against Iran. Just a few minutes before this announcement, some unknown person or group played a big bet in the American stock market and made a huge profit of Rs 840 crore in just 20 minutes. Now questions are being raised whether that trader was already aware of Trump’s announcement?
According to reports, Trump announced to stop the war at 7:05 am on Monday morning according to American time. But just 15 minutes before this, an unknown trader bought S&P 500 futures shares worth about Rs 12,600 crore. Usually there is not so much movement in the market at this time of the morning, but still this big purchase took place.
As soon as Trump’s announcement came at 7:05 pm, the stock market boomed. Within just 5 minutes, i.e. by 7:10, the market had gone up. The ‘mystery trader’ who invested money with accurate calculations before Trump’s announcement got a direct profit of Rs 840 crore on his investment. Seeing this entire timing, the suspicion has deepened that the trader was already aware of Trump’s decision.