Well, all make sense the way our spi is trading at a huge gap to xjo just after the open. SPI ia rallying and XJO is lagging while S&P powering upward.
If you recall Friday night, they were dumping spi big time despite S&P was running higher and as mentioned, they must be short cover due to huge cash position so this morning, they're selling cash and holding up the spi which explains gap up to 50 points at one stage.
All fun & games from big boys.
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Last
8,561.8 |
Change
-68.500(0.79%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,630.3 | 8,630.3 | 8,544.7 |
| XJO (ASX) Chart |