sometimes the market opens up in the morning down
and quite frequently it close down for the day up
You're not taking a dislike toward little Craig are you?The midday news, and on cue, it's Craig James of CommSec.
It opened down, but it's coming back, says 'Pollyanna' Craig, surprising everybody
Sigh.
All up from here?Bought the 200 at 4800 so go go go.
The Aussie sharemarket cops a lot of flak as a (perceived) perennial underperformer, but in a month of global turmoil it actually outperformed many regional markets and most major bourses.
The ASX200 lost 5.5 per cent in its worst start to the year since 2010, but Japan's Nikkei is down 8.8 per cent - despite more easing by its central bank - the Hang Seng in Hong Kong has lost nearly 11 per cent, Singapore's main index is down 10 per cent and the Shanghai Composite has slumped 23 per cent.
These bourses are still trading for the day, but it's unlikely a major rally will shift the ranking.
Meanwhile, before trade has started on the last day of the month, Wall Street's S&P500 is down 7.4 per cent, facing its worst January since 2009, Germany's DAX has dropped 10.3 per cent, France's CAC-400 is down 6.8 per cent, while London's FTSE-100 is holding up with a 5 per cent loss.
Man I'm so bored.
We're been at 5100 about 12 times in the past 4 calendar years.
There's no Recession imminent and it's a low growth environment for the ASX Large Caps, so could keep going that way.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?