XJO

ASX to open higher as markets remain unperturbed by US volatility

Finfeed Archived Jun 02, 2020

A measured response by President Trump regarding US-China relations eased tensions, resulting in a good all round performance from equities markets on Monday. The S&P/ASX 200 index (XJO) increased 63 points with mining and building materials groups leading the index higher.

ASX expected to reboot after faltering on Wednesday

Finfeed Archived May 28, 2020

Strong support for the big banks was largely instrumental in lifting the S&P/ASX 200 index (XJO) from about 5720 points in the first hour of trading to a mid-session high of more than 5830 points.

ASX to come under pressure despite strong overseas trends

Finfeed Archived May 27, 2020

The S&P/ASX 200 index (XJO) surged nearly 3% on Tuesday finishing at a high of 5780 points. Financials were strong again and there is evidence that consumer discretionary stocks should emerge from the COVID crisis much better than expected.

Futures markets suggest ASX will rally more than 1%

Finfeed Archived May 25, 2020

While the S&P ASX 200 shed 1% to close at 5497 points on Friday, this still represented a promising week-on-week performance with the XJO up 1.7%.

ASX tipped to open the week on a positive note

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.

Will late session sell-off in US markets end the ASX’s rebound?

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%.

Is the ASX set for more downside after Friday’s shocker?

Finfeed Archived May 04, 2020

Investors will be sizing up the week with much trepidation given the performance of the ASX on Friday and the disturbing finish to the week across the US and other overseas markets.

Mixed leads from overseas markets but SPI200 points to a good day

Finfeed Archived Apr 29, 2020

The ASX lost its way on Tuesday after being up more than 50 points in morning trading. The S&P/ASX 200 (ASX:XJO) finished the session 8 points lower whereas the SPI200 Index is pointing to a more positive performance today.

Investing: Is this the time to go speculative on the stock market?

Finfeed Archived Mar 17, 2020

While many investors steer clear of speculative stocks during periods of negative sentiment, Finfeed is going to explain why this may be the time to target such stocks.

Xjo