the most important item is the mutual fund redemptions that have reached the highest level since the 1987 crash. This brings on forced selling, which simply feeds on itself. At 2:00 p.m. every afternoon, the implications of redemptions and margin calls become more apparent, which might explain the afternoon fade-outs.
Sorry to state the obvious but that was the lamest, page-13
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Last
$59.69 |
Change
-0.310(0.52%) |
Mkt cap ! $11.57B | |||
| Open | High | Low | Value | Volume |
| $59.82 | $59.89 | $59.06 | $20.30M | 341.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 318 | $59.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $59.69 | 1067 | 3 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |