The past week saw the All Ords [XAO] not only break the 6,000-point level but close well above it at 6,116 points showing some confidence returning to the Australian Market. BlueScope Steel Ltd [ASX:BSL] and Qantas Airways Ltd [ASX:QAN], both had excellent weeks...
The past week saw the All Ords [XAO] crack the 6,000-point mark, only briefly, but it still made it through. Last week saw many companies on the market moving up in line with the broader move of the All Ords. Financials had a strong week, posting gains of 11.13%...
The ASX 200 has taken a severe battering over the last five weeks, down over 30% at the close of the market yesterday. The COVID-19 virus has gripped the globe and in doing so has dumped global markets to recession levels...