
Author: Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Monday, January [...]
Australian GDP for the June quarter came in above analysts’ expectations, hitting 0.5 per cent versus a 0.4 per cent projected, meaning we achieved a 3.1 per cent rise over the full year. Big moves overnight were on the commodities with Gold and Crude Oil falling heavily as the US dollar again rose to the challenge and continued pushing higher.
How did the Aussie market perform today?
S&P/ASX200 lost 2.4 points or -0.04% on volume of $3.6 billion, closing at 5656.1.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
21% of stocks are showing oversold levels, 25% 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
Wednesday, 03 Sep, 2014 / 10:52
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