XJO has been diverging from the dow for several weeks now martis, DOW has been quite bumpy for the last few sesisons and the way our market is behaving you wouldnt even have know that US markets were down on friday night.
The Aussie market has held up strongly because the market is of the opinion that when the RBA meet tomorrow they will cut rates. This leads to the dilemma for many, where to put their money? not in the bank with measly interest rates thats for sure. So they put them into large dividend paying blue chip stocks that still offer 5% + div yields.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
8,589.3 |
Change
-13.700(0.16%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,603.0 | 8,617.0 | 8,572.1 |
| XJO (ASX) Chart |