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· The S&P/ASX closed 26 points higher on Christmas Eve at , driven by MYOB's 14 per cent rise. Australian shares closed at a two-year . The S&P/ASX index dropped points, or per cent, to for its worst one day point fall since September 29, when it dropped points.
For many, blue chip stocks mean stability, profitability and regular dividends, often fully franked…. But knowing which blue chips to buy, and when, can be fraught with danger. Each one pays a fully franked dividend.
But you will have to hurry. Depending on demand — and how quickly the share prices of these companies moves — we may be forced to remove this report. See the 3 blue chip stocks. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.
The sectors that contribute the most to the index are the financial sector, with It is well known that Australia is a provider of natural resources, including crude oil and gold.
In times of growth, natural resource commodities are often in demand which can benefit the Australian economy. Therefore, this sector plays a huge role in the overall behavior of the index. But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk. Discover our extensive calendar of free educational webinars and test your trading skills, risk-free, with an IG demo account.
A demo account is intended to familiarize you with the tools and features of our trading platforms and to facilitate the testing of trading strategies in a risk-free environment. Results achieved on the demo account are hypothetical and no representation is made that any account will or is likely to achieve actual profits or losses similar to those achieved in the demo account. Conditions in the demo account cannot always reasonably reflect all of the market conditions that may affect pricing and execution in a live trading environment.
The ASX is an indicator that gauges the performance of the Australian stock market and this indicator could be used as a guide by investors that want to understand how the biggest economy in Oceania is performing.
Click here to dismiss. Results achieved on the demo account are hypothetical and no representation is made that any account will or is likely to achieve actual profits or losses similar to those achieved in the demo account.