Why would entering the MSCI cause shares to be sold down? It seems counterintuitive.
Actually, I've noticed before that companies entering indexes like the All Ords, ASX100 etc. don't always perform well. There must be a logical reason for it.
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Open | High | Low | Value | Volume |
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---|---|---|
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No. | Vol. | Price($) |
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3 | 23973 | 14.290 |
1 | 6900 | 14.280 |
1 | 23322 | 14.270 |
1 | 11662 | 14.260 |
1 | 17184 | 14.250 |
Price($) | Vol. | No. |
---|---|---|
14.310 | 12891 | 5 |
14.330 | 30777 | 3 |
14.350 | 11293 | 1 |
14.360 | 11293 | 2 |
14.370 | 42121 | 1 |
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