Banks will Boom today ..
the Lonely Train to Longs-ville will fill up Today ..with paying riders.
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Following positive leads, the Australian share market looks set to open higher on this Wednesday. Chinese investors shrugged off poor China export data prompting a late-session rebound. Buoyed by Asia’s broadly positive session, US stocks engaged in a sharp rally into the close, gaining more than 2 percent.
NFIB reported a modest rise in small-business owners’ confidence. The read lifted to 95.9 in August from 95.4 in July as owners shrugged off recent stock market negativity. US Consumer Credit rose again in July according to statistics released by the Federal Reserve. The US$19.1 billion increase in July beat analysts’ expectations.
Markets
Wall Street closed up yesterday: The Dow Jones Industrial Average gained 2.4 per cent to close at 16,493, the S&P 500 added 2.5 per cent to close at 1,969 and the NASDAQ gained 2.7 per cent to close at 4,812.
European markets closed up: London’s FTSE gained 1.2 per cent, Paris gained 1.1 per cent and Frankfurt gained 1.6 per cent.
Asian markets closed mixed: Tokyo’s Nikkei lost 2.4 per cent, Hong Kong’s Hang Seng gained 3.3 per cent, and China’s Shanghai Composite gained 2.9 per cent.
The Australian share market closed higher yesterday: The S&P/ASX 200 Index closed 85 points up to finish at 5,115. On the futures market the SPI is 42 points up.
http://www.finnewsnetwork.com.au/archives/finance_news_network121109.html
way oversold, page-182
Add CBA (ASX) to my watchlist
 (20min delay)
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Last
$131.66 |
Change
1.740(1.34%) |
Mkt cap ! $220.3B | |||
| Open | High | Low | Value | Volume |
| $130.80 | $131.84 | $129.89 | $256.3M | 1.965M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 601 | $131.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $131.66 | 712 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |