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Why IMU is a multi multi bagger, page-19376

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kingkev

27,242 Posts.

1281

01/12/23

09:06

Post #: 71210366
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Originally posted by Footmax: ↑

European markets all up overnight.

FTSE closed up 30 points (.41%), the DAX was up 48 points (.3%) and the CAC was up 43 points (.59%).

News item for rge day was that EU inflation data showed inflation fell to 2.4% (expected to be 2.7%) down from 2.9% in the previous month.

EU core inflation fell to 3.6% (expected at 3.9%) down from 4.2% in the previous month.

In the US, the DOW rose 520 points (1.47%), the NBI rose 56 points (1.48%), the NASDAQ bucked the trend and fell 32 points (.23%) and the Russell small cap index was flat, rising 2 points (.13%).

As in Europe, the big news was on inflation.

PCE data showed inflation at 3% (expected to be 3.1%) down from 3.4% in the previous month.

Core inflation was at 3.5% down from 3.7% in the previous month.

OPEC has agreed on another 1mil barrel per day cut in production.

Oil prices rose - Brent crude at US$83.72.

Data out in China showed manufacturing output declined in November manufacturing has now declined in six months out of the last 11 months.

US 10 year treasury bond yield at 4.27%.

Gold price slipped back to US$2,035 per ounce.

Could see a decent upward movement on the ASX today.

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so why is SPI pointing to -9 start today?

IMU Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 7.0¢		Change 0.001(0.72%)		Mkt cap ! $508.7M

Open	High	Low	Value	Volume
7.0¢	7.1¢	6.8¢	$1.183M	17.03M

Buyers (Bids)

No.	Vol.	Price($)
40	1209719	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	1270260	15

View Market Depth

No.	Vol.	Price($)
42	1209109	0.069
45	2730083	0.068
22	2553355	0.067
18	2042557	0.066
40	1902128	0.065

Price($)	Vol.	No.
0.070	1052079	14
0.071	4229533	21
0.072	2049093	14
0.073	1105338	9
0.074	802935	8

Last trade - 15.11pm 21/05/2024 (20 minute delay)


Last 6.9¢			Change 0.001 ( 0.29 %)
Open	High		Low	Volume
6.9¢	7.1¢		6.8¢	6710448
Last updated 15.30pm 21/05/2024 ?

IMU (ASX) Chart

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