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1.Market Observations, 2.share trading, 8.Was Sticky

29 Aug 2015 (AFR) – ASX ends rollercoaster week in the green after 4 days of gains

(29 August 2015, AFR, p41, by Stephen Cauchi)

‘It was a week that was shaping to be the worst since the dark days of the global financial crisis, but the Australian sharemarket finished in positive territory after recording four straight days of gains that more than made up for Monday’s rout. Another strong day of trading in China and an impressive bounce in oil prices on Thursday night helped the ASX end Friday higher. The benchmark S&P/ASX 200 index and the All Ordinaries index both closed 0.6 per cent higher for the day and 0.9 per cent higher for the week, at 5263.6 and 5274.7 respectively. But there were still some sobering lows….’

Read the full news story at AFR.com (might need AFR login access)

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Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

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