Fundies Balancing their books !?!
Why do stocks go up at the end of the month?
Broadly speaking, the effect is caused by a conjunction of significant changes in stock order-flows. At the end of the month, the composition of large funds and insurance portfolios is adjusted.
Ann: Change in substantial holding, page-30
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 (20min delay)
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Last
$1.18 |
Change
0.040(3.51%) |
Mkt cap ! $2.736B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.20 | $1.15 | $15.73M | 13.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 197614 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 41964 | 5 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$1.18 |
Change
0.040 ( 3.06 %) |
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| Open | High | Low | Volume | ||
| $1.16 | $1.20 | $1.15 | 1613389 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| DEG (ASX) Chart |