When the US market goes down sharply, ASX almost invariably follows suit. The Us markets have had a big bear rally and it has run out of steam. ASX hasnt gone up as much, but small comfort. The slide in the US is gathering momentum. This could be the second plunge starting. There are often two or three bear rallies after a major crash.
When the tide goes out, all ships go lower. Nothing personal, but after such a strong rally in properties, from the depths, a bit of a correction is normal anyway.
why the price drop?, page-5
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Last
$4.29 |
Change
-0.110(2.50%) |
Mkt cap ! $8.217B | |||
| Open | High | Low | Value | Volume |
| $4.36 | $4.37 | $4.28 | $27.62M | 6.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2784 | $4.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.30 | 7242 | 2 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| GPT (ASX) Chart |