the most important item is the mutual fund redemptions that have reached the highest level since the 1987 crash. This brings on forced selling, which simply feeds on itself. At 2:00 p.m. every afternoon, the implications of redemptions and margin calls become more apparent, which might explain the afternoon fade-outs.
Sorry to state the obvious but that was the lamest, page-13
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Last
$58.26 |
Change
0.710(1.23%) |
Mkt cap ! $11.29B | |||
| Open | High | Low | Value | Volume |
| $57.64 | $58.32 | $57.27 | $41.72M | 721.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 787 | $58.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $58.26 | 950 | 2 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| ASX (ASX) Chart |