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.
the most important item is the mutual fund redemptions that have...
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Last
$57.55 |
Change
-0.850(1.46%) |
Mkt cap ! $11.15B | |||
| Open | High | Low | Value | Volume |
| $58.20 | $58.28 | $57.26 | $27.52M | 477.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 891 | $57.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $57.66 | 1594 | 1 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| ASX (ASX) Chart |