
Metals Break Higher On “Biden Bounce”
Gold The yellow metal surged higher over the last 24 hours in response to the [...]
Alexis Tsipras and his left wing party have won the Greek election and are keen to put their anti-austerity measures in place and this has seemingly been very welcomed by the European indices with Germany’s DAX index hitting all-time record highs. The Aussie 200 index continues to march forward, adding a steady 45.8 points or 0.8% as bullish investors continue to eye off the highs back in August for a potential break in to new six year highs. The Aussie Dollar continues to languish below 80 cents with the price of Gold falling more than 1 per cent, down around the $1277 level.
How did the Aussie market perform today?
S&P/ASX200 gained 45.4 points or +0.82% on volume of $4.63 billion, closing at 5547.2.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
11% of stocks are showing oversold levels, 38% are showing overbought levels and 56% 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, 27 Jan, 2015 / 7:37
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