26/04/2024
Yesterday, the US stock market saw a significant decline due to weak GDP data and ongoing high inflation, which also triggered a synchronous adjustment in The Australian sharemarket today. The S&P/ASX 200 index fell below the 7600-point psychological barrier. Looking ahead to next week's market, is there still room for further decline in the index? Where are the support levels located below?
Compared to the overall market trend, AGL and COL have shown strong performance.
Despite the market's significant decline, the stock prices of AGL and COL have risen against the trend.
This indicates the unique market position and investment value of these two stocks.