I note that today FMG,Paladin and ERA Allco and ABC learning ,were all included into the FTSE Asian ex japan Index effective today which means Global index fund managers must buy their shares to be correctly weighted to the index.
basically means more buying over the next week or two as funds get to index weighting.This was reported today in the Aust Fin review.
fmg joins ftse asian index
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Last
$21.86 |
Change
0.040(0.18%) |
Mkt cap ! $67.30B | |||
| Open | High | Low | Value | Volume |
| $22.18 | $22.18 | $21.69 | $119.2M | 5.445M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14450 | $21.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.87 | 152 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |