
Increased risk appetite weakens the U.S. Dollar, boosts stocks
The economic figures published yesterday in the U.S. are another factor [...]
Strong rallies over the last couple of days across Europe, the US and Asia have provided a sense of optimism for share investors as global markets do everything they possibly can to move back to recent highs and the ECB continues to hint at further QE. Across the sectors we had full green screens with the biggest gains seen on the Materials sector.
How did the Aussie market perform today?
S&P/ASX200 gained 60.9 points or +1.13% on volume of $4.57 billion, closing at 5385.9.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
9% of stocks are showing oversold levels, 38% are showing overbought levels and 33% 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, 22 Oct, 2014 / 6:50
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