XJO fell heavily today -2.99%.
At this stage, we just have to hold on and see where this ends. XJO seems destined to reach the January low.
Today's result was magnified by ex-dividend stocks today. BHP, the biggest stock in the ASX, fell -6.9% and WPL down -2.7%. That was actually less than the general market fall, so a good result on the day for WPL.
Travel related stocks performed poorly today after issuing their reports. Qantas down -5% and Flight Centre down -10.1%.
Cimic was the surprise result after a take-over offer was announced. Cimic up +33.4%.
European markets are all well down at this stage. So there's not a lot of hope yet for a rebound.
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