Interesting comments below re FMG
0505 GMT [Dow Jones]
S&P/ASX 200 up 0.7% at 4051.5, hits 4051.8 as materials continue surging. AUD/USD, which is strongly correlated to resources, has jumped to 0.8120 from 0.8030 at the NY close. BHP (BHP.AU) up 1.9%, while Rio (RIO.AU) up 6.2%.
Fortescue (FMG.AU) up 20%. "It certainly seems as though there have been some good buy portfolios this week," says senior trader at major broker. "I think there's a hell of a lot of short covering going on in Fortescue (FMG.AU)." He says recent buying is just the tip of the iceberg.
"We've still got a long way to go in terms of money coming into the market," he says. "This is really only the start of it, as asset allocators rotate back into equities."
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Last
$19.54 |
Change
-0.370(1.86%) |
Mkt cap ! $60.16B |
Open | High | Low | Value | Volume |
$19.52 | $19.75 | $19.29 | $225.1M | 11.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | $19.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.54 | 6420 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 19.520 |
1 | 1000 | 19.500 |
3 | 7100 | 19.490 |
1 | 2000 | 19.460 |
3 | 2150 | 19.450 |
Price($) | Vol. | No. |
---|---|---|
19.550 | 2864 | 2 |
19.570 | 2257 | 1 |
19.580 | 5742 | 2 |
19.650 | 147 | 1 |
19.700 | 3000 | 2 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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