
Increased risk appetite weakens the U.S. Dollar, boosts stocks
The economic figures published yesterday in the U.S. are another factor [...]
Fresh record highs on the S&P500 provided local investors an ideal start to the last trading day of the week, with our local index cheering on the gains on Wall Street, to push up 35 points by lunch time, despite both NAB and ANZ going ex dividend on Friday. Taking a look across the sectors we notice all green screens and that comes despite continued weakness across the commodities overnight.
How did the Aussie market perform today?
S&P/ASX200 gained 43 points or +0.77% on volume of $6.31 billion, closing at 5549.1.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
23% of stocks are showing oversold levels, 36% are showing overbought levels and 49% 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
Friday, 07 Nov, 2014 / 8:10
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