You are viewing:-
you're reading...
1.Market Observations, 2.share trading, 8.Was Sticky

1 Aug 2017 (AFR) – ASX records worst July performance for six years as Wall Street soars to record

(1 August 2017, AFR, p35, by Philip Baker)

‘The champagne corks might have been popping on Wall Street during the past month with the Dow Jones, S&P 500 and Nasdaq all closing at fresh record highs, but for local investors it was a case of dry July with nothing much to celebrate. Indeed, it was the worst July in six years, according to Bell Potter’s Richard Coppleson, and despite the last day of gains the major S&P ASX 200 index has now fallen for three months in a row.’ <snipped…>

‘July is normally a good month for shares, up about 1.3 per cent since 2000, but not even some hefty gains from BHP Billiton and the four major banks was enough to make an impression over the past month as falls in CSL, Telstra, Aristocrat Leisure, Amcor and Macquarie Group weighed heavy on the index.’

Read more at (might need AFR login access, or try:


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.


No comments yet.

Leave a Reply

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

You are commenting using your 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

%d bloggers like this: