My guess: inflation lower therefore interest rates may go down, therefore A$ went weaker, therefore foreigners/speculators sold ASX index to avoid forex losses.
Makes perfect sense, except that WPL profits should improve with weaker A$, so us local holders got to buy improved profits for less. Bargain!
1st quarter report - Tue 19, page-62
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Last
$24.25 |
Change
0.330(1.38%) |
Mkt cap ! $46.04B | |||
| Open | High | Low | Value | Volume |
| $24.55 | $24.59 | $24.16 | $116.2M | 4.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $24.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.26 | 1701 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| WDS (ASX) Chart |