This mornings bank commentary
Base metals were mixed, with trader also cautious ahead of the G20.Nickel was the best performer in the sector, extending its advance to a fourthday. Supply issues and falling inventories appear to have forced investors toclose out bearish bets. Stockpiles on the LME have been consisting falling forthe past 18 months, but the reality that we are scraping the bottom of thebarrel only appears to have been realised. Technical factors have alsosupported the rally, with the 3m future beaching the 100-day moving averagerecently.
LME, page-29
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $12.61M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $32.50K | 8.897M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 117 | 84891876 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 59955690 | 53 |
View Market Depth
| Last trade - 12.46pm 30/09/2024 (20 minute delay) ? |
| POS (ASX) Chart |