Monday, July 25, 2016

ASX All Ordinaries Index forecast and technical tips updated on 26th July 2016, Tuesday.




A blockbuster day for Woolies shares have helped push the ASX 200 index up 35 points or 0.6 per cent to 5534, with resources stocks lagging in a broad rally.

Woolies had its best day in almost 20 years following news of a big write-off and operating overhaul, with the stock jumping 8.2 per cent.

Saturday, July 23, 2016

Australia All Ordinaries index analysis and technical chart updated on 25th July 2016, Monday.




Australia shares have slipped in midday trade after Wall Street took a breather from a record run on some disappointing profit results.

ALL ORDINARIES down 0.3% to 5574 points.

The Aussie dollar bears will still focus on the US economy, which continues to show flickering signs of life in the second half of 2016.

Wednesday, July 20, 2016

Australia All Ordinaries index technical chart and technical forecast updated on 21st July 2016, Thursday.




Shares have cruised through the morning after crossing the 5500 mark early to mark a new 11-month high, led higher by the banks, CSL and industrial stocks. Meanwhile, NAB's quarterly business conditions survey point to a soft CPI reading next week ahead of the RBA rate decision.

Monday, July 18, 2016

Australia all ordinaries technical chart and forecast updated on 19th July 2016, Tuesday.




Austrlian stock market is all set for nine straight day gain.
Some of the major stock that too keep an close eye are  Rio Tinto Limited as its result today. Its result would also give impact on other share like BHP Billiton Limited.

Meanwhile, AP Eagers Ltd said it expects a record profit result for the half-year ended 30 June 2016. It expects net profit before tax (NPBT) to be $67.8 million, an increase of 14% over the prior corresponding period.

Friday, July 15, 2016

Australia all ordinaries trading forecast updated on 18th July 2016, Monday.




The Australian stock market has enjoyed best run in a year, it has showed bullish move for seven straight session on Friday.

S&P/ASX 200 index had risen 18 points, or 0.33 per cent, to 5,429.6, while the broader All Ordinaries index climbed 18.3 points, or 0.33 per cent, to 5,510.1.

The market has closed on the 11th months high and its 2016 new peek. Some of the biggest gainers are Commonwealth Bank and ANZ. Telstra Closed flat at $5.75, and Qantas rose 2.2 per cent to $3.085

Thursday, July 14, 2016

Australia all ordinaries index forecast and trading tips updated on 15th July 2016, Friday.




Australia all ordinaries index makes more gains as global markets improves.

The positive global mood has pushed shares to another day of gains, with the all ordinaries index up around a percent in five trading sessions.

Monday, July 11, 2016

Austrlia all ordinaries index forecast and technical chart updated on 12th July 2016, Tuesday.




Prime Minister Malcolm Turnbull declared victory on Sunday after one of the closest and longest Australian national elections in half a century.

“We have won the election,” Mr. Turnbull, the leader of the Liberal Party-led conservative coalition, said at a news conference on Sunday.

And after that we have seen huge rise in Australian stock exchange and market up by 2% approx.