A very dismal day on global markets overnight.
European markets all down - .9 to 1.5%. UK had record wage growth in the three months ending in June - up 7.8%. Indications that the UK will get further interest rate hikes.
In the US, the DOW closed lower by 361 points. The NASDAQ Biotech Index fell 11 points and the NASDAQ Composite fell 157 points. The Russell small cap Index fell 24 points.
Stalled Chinese economy was again on the agenda to scare off investors. Industrial production and retail sales data from China showed growth less than expectations.
Banking woes in the US seem to have become a concern. FITCH has lowered credit ratings for dozens of US banks. MOODY's has downrated the credit ratings for 10 US banks and has warned there is more to come.
Miners and banks will bear the brunt on the ASX today one would suspect but there won't be many stocks doing well today.
A very dismal day on global markets overnight.European markets...
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Last
7.0¢ |
Change
-0.001(1.41%) |
Mkt cap ! $512.3M | |||
| Open | High | Low | Value | Volume |
| 7.2¢ | 7.4¢ | 7.0¢ | $1.229M | 17.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 707803 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.1¢ | 172396 | 5 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
7.1¢ |
Change
-0.001 ( 1.25 %) |
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| Open | High | Low | Volume | ||
| 7.2¢ | 7.3¢ | 7.0¢ | 6411396 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| IMU (ASX) Chart |