
Dollar Retreats Ahead Of Inauguration
The dollar index slid 0.25% lower yesterday as the 45th President exited the [...]
Iron Ore prices dipped below $90 per tonne, as concerns over the property and manufacturing sector in China continue to linger, proving a difficult barrier for the local Aussie miner’s to overcome as they continue to pull back to lower levels. Global indices had a positive night in Monday trading but volume continues to be extremely light, with the S&P500 recording the lowest volume of the year, despite hitting a new recent high.
How did the Aussie market perform today?
S&P/ASX200 gained 2.7 points or +0.05% on volume of $2.4 billion, closing at 5637.6.
Australian sector watch
Looking over the charts
ASX top 200 stock analysis
13% of stocks are showing oversold levels, 44% are showing overbought levels and 68% 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, 26 Aug, 2014 / 9:10
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