The way I see it Rusty is quality stocks have benefitted from the financial repression carried out by central banks (forcing people into equities/property for a return). Aussie stocks have particularly seen this over the last few months (with some blue chips almost going parabolic) as the RBA has gone from possibly tightening into a new easing cycle. RMD has benefitted from new products and a lower $A for sure, but I think the "wall of liquidity" is another important factor at play. Cheers
The way I see it Rusty is quality stocks have benefitted from...
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Last
$39.07 |
Change
1.340(3.55%) |
Mkt cap ! $23.96B | |||
| Open | High | Low | Value | Volume |
| $38.50 | $39.13 | $38.19 | $46.15M | 1.189M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12000 | $39.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.08 | 5440 | 3 |
View Market Depth
| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| RMD (ASX) Chart |