ASX200 to finish the month higher as stunning rebound continues
The ASX200 finished 26 pts (-0.33%) ⬇️ yesterday at 8045 after earnings reports at home, and the US missed the mark.
However, in a repeat of Wednesday's price action, heavier losses were trimmed after month-end buying emerged around lunchtime.
Watch today for more month-end buying, which will see the ASX200 likely finish the month in the green—a remarkable recovery after being down 5.7% in early August.
ASX futures closed 46 points (0.57%) higher this morning at 8055, indicating the ASX200 cash will open higher at 8089.
However, in a repeat of Wednesday's price action, heavier losses were trimmed after month-end buying emerged around lunchtime.
Watch today for more month-end buying, which will see the ASX200 likely finish the month in the green—a remarkable recovery after being down 5.7% in early August.
ASX futures closed 46 points (0.57%) higher this morning at 8055, indicating the ASX200 cash will open higher at 8089.
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