Hello et al
An article on the web this evening stated that the Chinese market had entered a Bear situation given the fall in ore prices and the like .
It was a massive headline indicating that the world was about to end , however it failed to mention the facts and was a gross flaw on the medias behalf .
'The worlds about to end' , given a .18% , yep .18% and again , a point one eight percent decline in the Shanghai Composite market . Great reporting ... not !!
This constant media beat up of the markets has a massive effect on the share price with little reflection on its true value .
The world ain't made of plastic , its made of metal !!
Dig it , ship it , melt it , make it .
Cheers all
shanghai composite hesteria
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$18.60 |
Change
0.200(1.09%) |
Mkt cap ! $57.26B | |||
| Open | High | Low | Value | Volume |
| $18.40 | $18.68 | $18.34 | $157.0M | 8.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10105 | $18.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.60 | 17942 | 8 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |