The XAO remained virtually flat today. It remains within the trading range 4200/4625. The A/D Ratio was 1.2. That's biassed to the upside. The Small Ordinaries was down -0.4% but the mid-caps was up 0.4%. Usually they are in sinc. Perhaps that balances out to a flat day?
The Energy and the Financials were both up 0.8% while the Materials were down 1.8%.
It's difficult to make a case one way or another from this data. A mish-mash, ending up even.
Let's wait to see what tomorrow brings.
Cheers
Red
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