Business
Enjoying your ASX 200 gains? Here’s why you should watch out for January – Motley Fool Australia
The S&P/ASX 200 Index (ASX: XJO) has been delivering handy gains to investors lately. But here’s why January will provide an important test
The S&P/ASX 200 Index (ASX: XJO) is having a fabulous time of late, if the numbers are anything to go by.
Today, the ASX 200 is up 0.70% to 6,340 points, improving on yesterday’s 8-month high. The index is up 4.5% over the past week, 3.35% over the past month, and 16% over the past 6 months. The catalysts for this enjoyable rise? As we outlined this morning, many market commentators are pointing to the combination of the Reserve Bank of Australia’s (RBA) interest rate cut last week (to a new record…
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