2335 GMT [Dow Jones] S&P/ASX 200 at risk of 300 point fall says GSJBW. "Further substantial gains from here still look hard to see, while a 300 point fall would not need to much to happen." Suspects very large buy portfolio pushed market up yesterday. Says M&A deals have delayed inevitable sell off. Adds, U.S. sell off needed to drive our market lower and U.S. market looks very overbought short term, with all good news factored in. S&P/ASX 200 last 6365.9. (DWR)
market to fall 300 points
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Last
7,701.7 |
Change
73.500(0.96%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,628.2 | 7,701.7 | 7,628.2 |
| XJO (ASX) Chart |