What will move the market on October 18-22?
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
Australia equities edge up at close of trade
On Thursday, Australian equities gained after the close because revenues in the Telecoms Services, Energy as well as Gold sectors underpinned stocks.
The S&P/ASX 200 tacked on 0.30% in Sydney hitting a fresh 5-year maximum.
On the S&P/ASX 200 the best performers of the session were represented by Greencross Ltd, Speedcast International Ltd and Breville Group Ltd. They inched up 4.83%, 4.00% and 3.68% respectively.
Meanwhile, Retail Food Group Ltd, APA Group and Eclipx Group Ltd happened to be the top losers. They lost respectively 5.58%, 2.88% and 2.84%.
Soaring equities managed to outnumber diving ones on the Sydney Stock Exchange by 722 to 441, while 329 were intact.
Equities in Speedcast International Ltd rallied to all time maximums, gaining 4% being worth 5.460.
Tracking the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX slumped 4.04% trading at 10.244.
The currency pair AUD/USD gained 0.36% trading at 0.7794, AUD/JPY jumped 0.10% hitting 88.00.
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