BHP Telstra Newcorp Index My feeling are Acouch that the downtrend is primarily Newscorp at 11.28c and Telstra that make up a large part of the index----with the index as you know being just a basket of stocks and not really reflective of what is really happening.
You'd expect Newscorp to rise now>>>Telstra perhaps rise (bearishly so)---but if that did not occur and Newscorp and Telstra were to go down---that would only make them better value to buy>>>hence the index (which they form such a large part of) would go up.
(BHP play a part in this too)
My thoughts for what they are worth,
Cheers,--BK.
Dow down 232 points-has the final shoe dropped?, page-10
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $24.21M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.0¢ | $14.35K | 110.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 54000 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 13709 | 2 |
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| Last trade - 15.53pm 22/07/2024 (20 minute delay) ? |
| EMC (ASX) Chart |