re: Ann: ZSP: S&P DJ Indices Announces Septem... I now think...

  1. 5,637 Posts.
    lightbulb Created with Sketch. 541
    re: Ann: ZSP: S&P DJ Indices Announces Septem... I now think that the flurry of downward pressure may have had something to do with TGR being dropped from the ASX 300. I did not realise it but the drop could have been predicted at least a month ago and today when those funds would have to rebalance (those that can only invest in the ASX 300) there has been no selling pressure at all. You could say that they may not have invested but some funds have top mirror the index so they would have held stock in a volatile but illiquid stock.

    Any thoughts?
 
watchlist Created with Sketch. Add ABY (ASX) to my watchlist
(20min delay)
Last
99.0¢
Change
0.000(0.00%)
Mkt cap ! $93.01M
Open High Low Value Volume
98.0¢ 99.0¢ 98.0¢ $13.59K 13.82K

Buyers (Bids)

No. Vol. Price($)
2 4057 96.0¢
 

Sellers (Offers)

Price($) Vol. No.
99.0¢ 10862 4
View Market Depth
Last trade - 14.40pm 21/06/2024 (20 minute delay) ?
ABY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.