The Australian stockmarket trading was delayed for an hour as it further obtain more information about the latest issued banning of short-selling in the stockmarket. After an hour, Aussie stock market declared a three percent increase on its shares.
"There will have to be a little bit of short covering for those companies that have been selling down stocks and that may provide a booster to the share market.
"We're looking for the share market to open up 150 points higher but given these significant short selling curbs it may be a fair degree higher."
more...
0 comments:
Post a Comment