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?
Australian equities edge up close of trade
On Friday, Australia shares managed to grow because profits in the Gold, Metals & Mining as well as Resources sectors underpinned equities.
The S&P/ASX 200 tacked on 0.15%.
On the S&P/ASX 200 the winners were represented by Retail Food Group Ltd, Aveo Group and Mineral Resources Ltd. These benchmarks rallied 6.98%, 4.28% and 2.59% respectively.
As for the top losers, they included Sims Metal Management Ltd, Altium Ltd and Western Areas Ltd. They went down respectively 2.42%, 2.32% and 2.12%.
On the Sydney Stock Exchange climbing shares outperformed diving equities by 663 to 500, while 383 were intact.
Equities in Mineral Resources Ltd tacked on to all time maximums, adding 2.59% being worth 20.630.
Assessing the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX dived 1.44% demonstrating an outcome of 10.064, which is a fresh 6-months minimum.
The currency pair AUD/USD tacked on 0.14% being worth 0.7713, AUD/JPY gained 0.13% trading at 87.39.
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Every week we expect many interesting events that can shake the market.
