
Biden Unveils $1.9tn Aid Package
Jobless Numbers Spike The dollar had a choppy session on Thursday. However, it [...]
Interest rates have been left on hold, as per the Reserve Bank of Australia’s decision today, which did little to inspire Aussie Dollar traders, pushing our currency pair below support at 0.9325, closing the Aussie session at 0.9295. The weakness across our currency pair combined with keeping rates on hold seemed to provide a necessary push for the Aussie 200 index, which rallied into the close, jumping a solid 28.7 points for the day.
How did the Aussie market perform today?
S&P/ASX200 gained 28.7 points or +0.51% on volume of $3 billion, closing at 5658.5.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
22% of stocks are showing oversold levels, 29% are showing overbought levels and 66% 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, 02 Sep, 2014 / 10:48
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