I am not sure why its SP has turned into recovery mode.
IMO, possible reasons are:
1.Building approvals rocket most in eight years
CHRIS ZAPPONE May 5, 2010 - 2:46PM (SMH)
Building approvals soared in March by the most in almost eight years, offering hope of a recovery in construction that is needed to ease Australia's affordable housing shortage.
Building approvals increased by 15.3 per cent in March, following a revised 2.7 per cent fall in February, according to the Australian Bureau of Statistics. Economists estimated approvals would rise just 0.8 per cent in the month.
2. Generally upturn mode for mining or related stocks
in the afternoon trade.
regards,
I am not sure why its SP has turned into recovery mode.IMO,...
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Last
$22.43 |
Change
0.170(0.76%) |
Mkt cap ! $9.838B | |||
| Open | High | Low | Value | Volume |
| $22.47 | $22.64 | $22.18 | $66.53M | 2.955M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9599 | $22.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.44 | 30000 | 10 |
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| Last trade - 16.11pm 19/09/2025 (20 minute delay) ? |
| BSL (ASX) Chart |