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Finfeed Archived May 19, 2020
The ASX SPI200 futures is up 109 points this morning after strong gains in the US and Europe and strength in commodity prices.
Finfeed Archived May 18, 2020
After a rollercoaster week, a 76 point gain was enough to drag the S&P/ASX 200 (XJO) back into the black. Overseas markets were generally less volatile on Friday, albeit not making the substantial gains. However, it could be argued that market stability is a better sign than the extreme highs and lows that have set the tone in recent months.
Finfeed Archived May 13, 2020
The sharp downturn in the ASX could be the start of a much steeper decline if a lead is taken from US markets, particularly regarding the potential for a second wave of COVID-19.
Finfeed Archived May 12, 2020
The S&P/ASX 200 finished up 1.3% to close at 5461 points on Monday. With mixed to negative leads coming from overseas last night some profit-taking would surprise.
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Finfeed Archived May 07, 2020
The ASX faces headwinds on Thursday after it finished down 22 points, There was a late sell-off in the US with the Dow trading in very similar fashion to the previous day, this doesn't bode well for the Australian Stock Market which could come under pressure.
Finfeed Archived May 06, 2020
Welcome relief after Friday’s rout, the ASX has strung together two very positive days with the S&P/ASX 200 gaining 87 points on Tuesday. Energy stocks were strong — Origin and Santos each gained more than 5%.
Finfeed Archived May 05, 2020
The S&P/ASX 200 (XJO) had a rocky ride on Monday, continuing its downward trend from Friday’s fallout in morning trading before staging a comeback to finish up 74 points.
Finfeed Archived Apr 30, 2020
The ASX looks set for another strong performance today after the S&P/ASX 200 increased 1.5% on Wednesday. With good news all round, it is not surprising to see that the ASX SPI200 up 108, indicating the ASX is in for a good day.
Finfeed Archived Apr 21, 2020
The ASX had one of its worst days in the last month on Monday with the S&P/ASX 200 index plunging 134 points or 2.5% to close at 5353 points. Central to the fall was negative sentiment towards the energy sector, a factor that is likely to continue to weigh on the market on Tuesday.
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