It seems as though the market has started to move away from the "covid safe sectors" (gold and technology) and into the cyclical recovery sectors (i.e. energy, travel, banks). Another interesting observation is the recent rise in 10 year bond yields which could suggest that the market is more optimistic. Undoubtably, it is still early days, any small change in sentiment could spook the market back into safe havens. IMO, energy has started to bottom, hopefully the trend continues, if so, would not be surprised to see WPL hovering around $23 by end of week.
SP movers, page-49
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Last
$23.85 |
Change
-0.170(0.71%) |
Mkt cap ! $45.28B | |||
| Open | High | Low | Value | Volume |
| $23.96 | $24.16 | $23.85 | $104.2M | 4.347M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6105 | $23.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.89 | 27 | 1 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| WDS (ASX) Chart |