End of Day Report
ASX 200 closes down 8 points as we limped into the weekend. US market half day tonight. US Dow Futures up 13 points. Asia weaker as Japan announces a raft of economic data. A very solid start with the market topping out at 5258 following strong European leads and better metal prices. Unfortunately, the market ran out of momentum and went backwards from its opening high and limped into the weekend in quiet trading. Options expiry last night inflated volumes and sentiment at the opening but it soon evaporated. For the week the ASX 200 is down 50 points or around 0.9%. BHP is down from 2050 for the week, around 7.8%. - See more at: (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Marcus Padley founded Marcus Today in 1998 and leads the team of analysts and market commentators that publishes a daily stock market newsletter, presents four podcasts and runs an $80m Australian equity fund. He is passionate about educating and informing private investors with insightful, honest, straight-up independent stock market research and ideas. Marcus likes to call it as it is without agenda, puts subscribers first, and this has paid off for real people with real money.
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
This recently triggered market signal has never failed to predict gains
Ophir Asset Management