Thu. p.m. 6/1/22. Ozzie stocks dumped.
XJO down heavily today -2.74%.
We rarely see falls as big as this on the Australian stock market. Today's fall is the largest seen in at least the past 200 days. Something significant has occurred in the minds of our masters who control our market.
Having said that, we will, no doubt, be up tomorrow. But don't expect any miracles. A chance to sell out? Probably.
No sector was immune today. The best performing sector, relatively, was Materials (XMJ) -1.45%. It held up because of the rise in iron ore prices overnight. BHP +0.12%. RIO +0.73%. But FMG fell -1.05%
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