
Dollar Retreats Ahead Of Inauguration
The dollar index slid 0.25% lower yesterday as the 45th President exited the [...]
Iron Ore and Gold prices took centre stage in the financial press with Gold dropping $22 per ounce, hitting a low of $1137.6, and Iron Ore hitting the lowest price in 5 years, opening the door for a soft start to trading, yet the Aussie 200 Index managed to jump nearly 30 points on open before succumbing to the pressure and dropping over 50 points from those intraday highs. By the close of trade our Index had pulled back 11.8 points despite the bullish Aussie employment data, adding 24,100 new jobs in October.
How did the Aussie market perform today?
S&P/ASX200 lost 11.8 points or -0.21% on volume of $3.78 billion, closing at 5506.1.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
23% of stocks are showing oversold levels, 40% are showing overbought levels and 45% 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, 06 Nov, 2014 / 9:51
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