as I said the PMI is leading and actually gives an outlook on share market strength many months in advance. Yes due to it's nature, manufacturing PMI is a more powerful indicator than services PMI. It's not just the numbers but actually reading the monthly reports tells a lot more. it's a process like anything else
materials sector is then effected as they are cyclical in nature and so on.
this is why it's a macro effect as its working from top down.
and as I said this and other leading indicators will lead us to views on the overall market and its ongoing strength or weakness.which in turn leads investors and traders to find the best stocks such as LTR.
as I said the PMI is leading and actually gives an outlook on...
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Last
$1.23 |
Change
0.000(0.00%) |
Mkt cap ! $2.970B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.24 | $1.20 | $6.000M | 4.926M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 25711 | 4 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$1.22 |
Change
0.000 ( 0.91 %) |
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| Open | High | Low | Volume | ||
| $1.24 | $1.24 | $1.20 | 1572354 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| LTR (ASX) Chart |