| Weekly Trend: | Up |
|
| Daily Trend: | Up |
|
| Daily Momentum: | ___ | Flat |
The XJO recovered a little bit of yesterday’s losses, closing up 12.3 points on average volume. Any gains were made in early morning and early afternoon trade after opening lower and staggering during the last hour. Sectors were mixed as any strength came from the Telecommunication and Industrials sectors. Property and Finance Sectors also fared well. The more volatile sectors of Materials, Metals/Mining and Energy held the market back, all down 0.6% or more. Trades in both ASX portfolios have held up reasonably well with only two being stopped out for the day. US futures are up slightly in night trading at the time of writing so much indication there as to what tomorrow may bring.







Wed, Apr 13, 2011
ASX Commentary