
Metals Break Higher On “Biden Bounce”
Gold The yellow metal surged higher over the last 24 hours in response to the [...]
Medibank Private debuted on the Australia Stock Exchange today, providing a seven per cent boost to the original public offering, but was unable to hold on to the intraday highs, much like the Aussie 200 index which close the day down 27 points, despite the repeated record highs on the US bourses overnight. The Materials sector was the worst hit, falling 1.7 per cent, giving back some of the impressive gains from Monday’s trading.
How did the Aussie market perform today?
S&P/ASX200 lost 27 points or -0.51% on volume of $7.22 billion, closing at 5334.8.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
46% of stocks are showing oversold levels, 6% are showing overbought levels and 39% 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, 25 Nov, 2014 / 9:05
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