MFG 1.64% $8.42 magellan financial group limited

us exposure - mfg signalling strong mkt

  1. 673 Posts.
    lightbulb Created with Sketch. 11
    I have to do some more personal research, but I believe MFG have a large exposure to stocks on the Dow Jones.

    For the life of me I have not been able to work out it traded so strongly over the past 2 days. It is in a nice up trend and this bodes well for the stock, but its taken off yesterday and today.

    Then I realised - the all important job figures are due out in the US tonight. Is it possible that the smart money has positioned itself in MFG in anticipation of strong job data tonight?

    We will know by tomorrow.

    DYOR
 
watchlist Created with Sketch. Add MFG (ASX) to my watchlist
(20min delay)
Last
$8.42
Change
-0.140(1.64%)
Mkt cap ! $1.521B
Open High Low Value Volume
$8.52 $8.53 $8.34 $4.998M 594.0K

Buyers (Bids)

No. Vol. Price($)
2 2816 $8.41
 

Sellers (Offers)

Price($) Vol. No.
$8.43 162 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.