You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

19 Dec 2015 (AFR) – ASX bounces off year-lows, thanks to Fed – sparks hopes of Santa Rally

(19 December 2015, AFR, p41, by Stephen Cauchi)

‘Australian shares endured a volatile week of trading, plumbing lows last seen in 2013 before rebounding to a weekly gain as the US Federal Reserve delivered on its interest rate increase. The benchmark ASX200 index lifted 0.1 per cent on Friday and 1.5 per cent for the week to 5106.7, after dropping as low as 4909.5 on Tuesday, while the broader All Ordinaries was up 0.1 per cent on Friday and 1.5 per cent for the week to 5106.7. It was also a week in which the commodity rout continued, with iron ore staying well under…’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

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.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Advertisements
%d bloggers like this: