Too right Auto you're onto it, the DOW over last two days up 354 points.
Dow Jones Industrial Average 15,794.08
Today’s Change +165.55 / +1.06%
Certainly on these figures I would expect energy stocks to rise again on Monday, and during next week in general, but knowing by how much and exactly when is a real lottery IMO as the market reaction to bad stock news is immediate and harsh but good results are rarely sp reflected in full that day and instead investors appear to rely on analysts quantifying the upside a day or two or three later if at all.
Importantly the two key factors you mentioned "oil and markets up strongly" along with the AU$:US$ rate are THE pertinent revenue drivers for ROC.
http://www.thebull.com.au/articles/a/43922-oil-prices-hit-2014-peaks-on-us-jobs-data.html
Oil prices hit 2014 peaks on US jobs data
By AAP | 08.02.2014 10:45 AM
Oil prices have rallied sharply as the market shrugged off a disappointing US jobs report, finding upbeat details in the report suggesting modest economic growth.
The benchmark US futures contract, West Texas Intermediate for delivery in March, leaped $US2.04, or 2.1 per cent, to close at $US99.88 a barrel on the New York Mercantile Exchange.
Brent North Sea crude for March gained $US2.69, or 2.5 per cent, to settle at $US109.57 a barrel on London's Intercontinental Exchange.
Both futures contracts closed at their highest levels of the year to date.
Earlier in the day the US contract crossed above the psychological level of $US100.
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Too right Auto you're onto it, the DOW over last two days up 354...
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Last
8.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.08M |
Open | High | Low | Value | Volume |
8.3¢ | 8.3¢ | 8.3¢ | $17 | 202 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 60000 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 109119 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 60000 | 0.081 |
2 | 56500 | 0.080 |
3 | 102970 | 0.077 |
2 | 22213 | 0.075 |
2 | 21643 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 109119 | 1 |
0.085 | 10000 | 1 |
0.089 | 50000 | 1 |
0.090 | 125000 | 2 |
0.100 | 30000 | 1 |
Last trade - 15.08pm 25/06/2025 (20 minute delay) ? |
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ROC (ASX) Chart |