ASX 0.52% $59.69 asx limited

Yep thats right folks.Short term, its really going to boost the...

  1. 9,188 Posts.
    Yep thats right folks.

    Short term, its really going to boost the markets. Its a short term policy measure.

    But long term, its a horrible move.


    Funds use shorts to HEDGE LONG POSITIONS.

    If they cant hedge a long position - especially when the markets are volatile and falling - then they will be FORCED TO SELL STOCK TO MINIMISE EXPOSURE and thus SP will move harder and harder to the downside
 
watchlist Created with Sketch. Add ASX (ASX) to my watchlist
(20min delay)
Last
$59.69
Change
-0.310(0.52%)
Mkt cap ! $11.57B
Open High Low Value Volume
$59.82 $59.89 $59.06 $20.30M 341.0K

Buyers (Bids)

No. Vol. Price($)
1 318 $59.60
 

Sellers (Offers)

Price($) Vol. No.
$59.69 1067 3
View Market Depth
Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
ASX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.