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I can not recall anything like today but maybe was not focussed enough at the time
I can not recall anything like today but maybe was not focussed enough at the timeXAO currently down 377 points or 6.1%.
What was the largest one day drop for the XAO? I can't recall.
XAO currently down 377 points or 6.1%.
What was the largest one day drop for the XAO? I can't recall.
10/10/08 -8.34%
9/3/20 -7.33% today
22/1/08 -7.05%
16/10/08 -6.66%
13/11/08 -5.86%
17/4/00 -5.40%
8/10/08 -4.99%
17/9/01 -4.69%
23/10/08 -4.37%
6/11/08 -4.31%
I made an error there - that was the AX-200 which launched in Y2K20 October 1987 was supposed to be a 515.5 point (25%) fall.
That was after a truly monumental run up and non digital markets.20 October 1987 was supposed to be a 515.5 point (25%) fall.
At 1500 it will be even lessIf anyone's after a silver lining: If a stock has dropped 5% for each of two days in a row, the dollar difference isn't as high as yesterday!
Friday the 13th: Lucky for some.
Is lil ol' Australia doing the heavy lifting?
I have not checked thoroughly but today may have been the largest intraday movement for a very long time at 650 points, and I think we are hard pressed to find a 32% range within 3 weeks of trading.I can not recall anything like today but maybe was not focussed enough at the time
It looks like trading will stay inside this range for at least the next few days, given all the buying we saw in it, until we see a big move down or up away from it.I have not checked thoroughly but today may have been the largest intraday movement for a very long time at 650 points, and I think we are hard pressed to find a 32% range within 3 weeks of trading.
Not sure little Aussie will be able to help much today after the 12pc fall in the USA..
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