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Tax-loss selling hit the S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) on Thursday, the final day of the financial year, with the market sinking close to 1 per cent into the close to finish 2 per cent lower.
The S&P/ASX 200 (INDEXASX:XJO) and All Ordinaries (ASX:XAO) had a strong day Tuesday but the ASX 200 quickly reversed those gains on Wednesday.
The Metcash Limited (ASX: MTS) share price bounced a hefty 3% today, taking the Woolworths Group Ltd (ASX: WOW) and Coles Group Ltd (ASX: COL) along for the ride. The MTS share price is mostly flat over the past six months, according to Rask Media.
The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) reversed two straight weeks of losses, posting a 0.8 per cent gain on Friday, taking the S&P/ASX200 to a weekly gain of 1.6 per cent. The ASX 200 is expected to open firmly higher Monday morning, according to ASX 200 futures contracts in Sydney.
The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) were as much as 1.1 per cent higher during Thursday’s session following the US Federal Reserve’s decision to hike interest rates. By Friday midday, the ASX 200 was again trading lower, this time down 2%.
The Bubs Australia Ltd (ASX:BUB) share price has shot higher recently thanks to progress in the US. Revenue is now even better than expected.
The Bubs Australia Ltd (ASX:BUB) share price is jumping higher after the company announced approval to supply the US with infant formula.
The share price of Domino’s Pizza Enterprises Ltd. (ASX: DMP) has dropped almost 50% from its all-time high six months ago. Does this make it an opportunity?
The Bubs Australia Ltd (ASX:BUB) share price is up after announcing an important deal with a large daigou deal to grow Chinese sales.
Tax-loss selling hit the S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) on Thursday, the final day of the financial year, with the market sinking close to 1 per cent into the close to finish 2 per cent lower.
The S&P/ASX 200 (INDEXASX:XJO) and All Ordinaries (ASX:XAO) had a strong day Tuesday but the ASX 200 quickly reversed those gains on Wednesday.
The Metcash Limited (ASX: MTS) share price bounced a hefty 3% today, taking the Woolworths Group Ltd (ASX: WOW) and Coles Group Ltd (ASX: COL) along for the ride. The MTS share price is mostly flat over the past six months, according to Rask Media.
The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) reversed two straight weeks of losses, posting a 0.8 per cent gain on Friday, taking the S&P/ASX200 to a weekly gain of 1.6 per cent. The ASX 200 is expected to open firmly higher Monday morning, according to ASX 200 futures contracts in Sydney.
The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) were as much as 1.1 per cent higher during Thursday’s session following the US Federal Reserve’s decision to hike interest rates. By Friday midday, the ASX 200 was again trading lower, this time down 2%.
The Bubs Australia Ltd (ASX:BUB) share price has shot higher recently thanks to progress in the US. Revenue is now even better than expected.
The Bubs Australia Ltd (ASX:BUB) share price is jumping higher after the company announced approval to supply the US with infant formula.
The share price of Domino’s Pizza Enterprises Ltd. (ASX: DMP) has dropped almost 50% from its all-time high six months ago. Does this make it an opportunity?
The Bubs Australia Ltd (ASX:BUB) share price is up after announcing an important deal with a large daigou deal to grow Chinese sales.
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