
Intraday Market Analysis – Breaking All-Time Highs
GER 30 resumes uptrend ger30 With the fear of reflation now taking a [...]
Unemployment figures really turned heads today for all the wrong reasons, rising to 6.4 per cent versus analysts’ expectations of 6 per cent, which sent the Aussie Dollar plummeting over 80 pips and below the psychological support at 0.9300. Rio Tinto (RIO:ASX) reported at 4:30pm today highlighting record Iron Ore shipments and production records hit with the first half dividend up 15 per cent.
How did the Aussie market perform today?
S&P/ASX200 lost 3 points or -0.05% on volume of $2.3 billion, closing at 5509.
Australian sector watch
Looking over the charts
ASX top 200 stock analysis
50% of stocks are showing oversold levels, 10% are showing overbought levels and 55% 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
Thursday, 07 Aug, 2014 / 9:17
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