SPA 8.33% 2.2¢ spacetalk ltd

"our market is showing signs of starting to shrug off the US...

  1. 14,320 Posts.
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    "our market is showing signs of starting to shrug off the US correction. US was down around 2% but our All Ords has spent the first hour at less than 0.2% down."
    Our market finished the day up 1% yesterday despite the 2% fall in the US Friday night. Last night the US fell a similar amount and our market is down only 1%. So over the last 2 days the US was down over 4% while our market is even. I think our market will continue to do its own thing from here on with less influence from the US. I expect MWR will resume its uptrend regardless of the US market revovering, going sideways or drifting lower over the next 6 months.
 
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