Here's a chart I posted on the weekend of an Australian shares ETF trading on the NYSE. It charts the our index in USD terms showing a 62% decline from the ATH. Commodities prices and AUD dumping have compounded the effect but imo they have been overdone. Would expect a sharp reversal at some point otherwise its a banana republic for us.
monday the bottom or not, page-51
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Last
7,989.6 |
Change
68.300(0.86%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,921.3 | 8,000.0 | 7,921.3 |
| XJO (ASX) Chart |