
DAX lower amid interest rates and inflation worries – DAX 30 Market Outlook – 26/02/2021
Worries over interest rates and inflation expectations sent global equities [...]
The final hour of trading on the Dow Jones Monday night overnight saw a 200+ point sell-off on the Dow Jones, which didn’t bode well for the local Aussie market, however, fortunes changed quickly as Gold and Iron Ore prices found some firmer ground, providing the necessary stimulus for our local miners to rally into the close, with our market posting a handy 51.9 point gain on the day.
How did the Aussie market perform today?
S&P/ASX200 gained 51.9 points or +1.00% on volume of $4.5 billion, closing at 5207.4.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
49% of stocks are showing oversold levels, 2% are showing overbought levels and 18% of stocks are currently above their long term moving average as of close of trading today. View the image below to better understand overbought and oversold levels.
S&P/ASX 200 Gainers and Losers
Top 5 gainers:
Top 5 Losers:
Please note that these are our initial impressions and that it is important to read all disclaimers on this website when considering the information. If you would like to discuss further please contact:
Ashley Jessen
Director of Communications
Email: ashley_jessen@invast.com.au
Phone: 02 8036 7567
Tuesday, 14 Oct, 2014 / 7:19
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