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Tag Archives: ASX 200

Australian PMI Expansion Continues, Stock Market Poised for Weekly Gains 

In April 2024, the Judo Bank Australia Composite Output Index dropped marginally to 53 from 53.3 the previous month, as per the final figures. Despite a slight deceleration, the private sector in Australia continued to expand robustly. The increase in business activities was mainly confined to the services industry while manufacturing production kept falling. This […]

Aussie Markets Wavers as Investors Seek Fresh Catalysts 

On Monday, February 26th, the S&P/ASX 200 Index saw an increase of 0.12% to conclude at 7,653, making it the third successive gainful session. This growth followed a worldwide stock market rally. Positive sentiments enveloped the tech stocks all over the globe when Nvidia, a semiconductor giant, released quarterly results last week that surpassed expectations.  […]

Decoding the ASX 200 Index Plunge: A Hierarchical Analysis

Main Point: ASX 200 Index’s Recent Decline The ASX 200 Index tumbled 1.3% to below 7,000 on Sep. 22, hitting its lowest levels in six months and tracking losses on Wall Street overnight as the US Federal Reserve’s hawkish pause continued to weigh on investor sentiment. The benchmark index is also on track to lose […]