XAO 0.81% 8,598.6 all ordinaries

weird spike near start of trade

  1. 80 Posts.
    Can anyone explain the significance of the weird spike of the AORD index near the start of todays trading?

    Opened at 4439.4 and spiked to 4969.7 around 10.15ish. Ended up closing at 4404.8 down 0.78%

    See http://au.finance.yahoo.com/q/bc?s=^AORD&t=1d&l=on&z=l&q=l&c=
 
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