With EOFY upon us price movements can be distorted by locking in capital losses and profits.
Don't look too deep into movements during this time, not without at least taking EOFY into account anyway.
Today is the last day of locking in a capital loss, so it wouldn't be surprising to see stocks get sold down. However selling them now risks others who have already locked in the loss to buy cheaper securities, with a nice negative offset for any profits made next financial year. As such it may be a rather dull day.
You never know though.
mitta's spring, page-89
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Last
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26354 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 3758 | 2 |
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