
Gold futures traded lower on Friday, a day after recording the strongest daily surge for the month
Rising US Treasury yields and an uptrend in the greenback exerted pressure on [...]
Last week’s positive close across European and US Indices, thanks to much stronger than expected non-farm payroll data, paved the way for Germany’s Dax index and the US Indices hitting all-time record closes and provided much hope for local Aussie 200 index traders, who pushed our index higher, but not above the key resistance point at 5430. This week we have Australian employment data, NAB Consumer Confidence and Chinese Inflation data to keep an eye on.
How did the Aussie market perform today?
S&P/ASX200 gained 37.4 points or +0.70% on volume of $3.66 billion, closing at 5372.7.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
19% of stocks are showing oversold levels, 34% are showing overbought levels and 46% 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
Monday, 08 Dec, 2014 / 7:35
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