Australia's largest stock trading and investment forum Australia's #1 stock forum

been watching SBM i havent bought yet watching waiting

First 34 Last

Share
Profile

Follow
slips

11,193 Posts.

37

05/12/23

14:14

Post #: 71280900
Share

Originally posted by highlandlad: ↑

Thanks @shovel40, @Fiji1, @Patterns and morning crew.

Sorry about this morning's thread-title confusion. Hope I got this one right...

Half-time wrap:

Aussie shares fell back from 10-week highs, mirroring a retreat on Wall Street overnight as commodity prices contracted and treasury yields rebounded.

The ASX 200 dropped 63 points or 0.89% ahead of this afternoon's RBA interest rate announcement. A risk-off session saw miners, tech companies and small and speculative stocks spearhead the sell-off. Defensive utilities and healthcare providers bucked the downtrend.

The market was responding to a weak set of overnight leads that included a tech-led decline in the US, a sharp reversal in gold from record levels and pressure on commodity prices as the US dollar rebounded. The S&P 500 eased 0.54%.

Personal trading: Pretty ugly morning. A lot of recent forum favourites dragged to the abattoir. I got a couple of pips from BBX and one from SHN from just below the round number. Also took TSL before it calcified.

Expand

been watching SBM i havent bought yet watching waiting
1 Upvote

Reply

Top Stories

PAM

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

RAD

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

SGP

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

First 34 Last