
Can A Fed Interest Rate Hike Save The Dollar?
The dollar has been trending to the downside, particularly since the new covid [...]
Steady markets in Europe were complemented with new record highs on the Dow Jones and S&P500, which translated to the third positive day in a row for the Aussie 200 index, rising a hearty 47 points or 0.9 per cent with the Materials sector contributing the most, up 1.77 per cent by close of trade. Australian Retail sales came in stronger than expected, up 0.4 per cent for the month of October.
How did the Aussie market perform today?
S&P/ASX200 gained 47 points or +0.88% on volume of $5.20 billion, closing at 5368.8.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
24% of stocks are showing oversold levels, 25% are showing overbought levels and 44% 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, 04 Dec, 2014 / 9:18
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