After a solid start to the week, the index ended down 2% as October looks to follow in the footsteps of a negative September.
There was nowhere to hide today as the ASX200 index posted its worst one-day performance since mid-September,.
It was an up-and-down day on the market, with the ASX200 index trading in the red before an afternoon pick-up after positive economic data from China gave markets a shot in the arm. The ASX200 index finished the day 21.5 points or 0.31% higher to close at 7,077.60
The ASX200 index rebounded on Tuesday after yesterday’s fall, although it gave back some early gains to finish the day 29.6 points higher to close at 7,056.1.
The ASX200 index traded in the red all day, finishing the start of the week down 24.5 points or 0.35% to 7,026.5.
The six-day positive streak ended today as the ASX200 finished the day down 0.56% to 7,051.0 after U.S. markets took a tumble with the September inflation read coming in hotter than expected.
The ASX200 index squeezed out another gain today to make it six consecutive positive trading days after another positive night on Wall Street, finishing 2.6 points or 0.04% higher to 7,091.0.
The ASX200 index, finishied the day 47 points or 0.68% higher to 7,088.40 after another positive lead on Wall Street overnight and positive talk out of China.
The ASX200 index finished over the 7,000 mark, making it three straight sessions in the green and the biggest one-day increase since September 15, ending 70.4 points higher to 7,040.6.
The ASX200 index started the day positively but fell as the afternoon wore on as U.S. futures opened lower this afternoon.
The ASX200 index rallied in the afternoon to finish 28 points higher to 6,962.0. Magellan Financial Group lost 18% today after reporting a 10% decline in Funds Under Management to $35.0bn at the end of September.
The ASX200 index sunk to an 11-month low, shedding 53.2 points or 0.7% to 6,890.2. Global treasury yields keep rising; economic data remains positive, giving the reserve bank ammunition to continue the rate hike cycle.
