The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has finished the week above 6,000 points for the first time since 2008, amid a backdrop of company tax reform in the United States and a broader outlook.

Citi slaps ASX 200 with target of 6500 by year. more than 5 per cent above yesterday’s closing level, and predicted the benchmark share index would rise to 6650 by mid-2020.. Even after a.

ASX Closes above 6,500, Singapore Index Falls WRITTEN BY Mayur Sontakke, CFA, FRM After rising 1.74% on May 20 on the back of a surprise election victory for Scott Morrison, Australia’s S&P/ASX.

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Late in the week, the markets mounted a rally that recovered. % and South Korea’s KOSPI Index closed at 2086.66, down 23.93 or -1.13%. China’s Shanghai Index settled at 2930.55, down 80.51 or -2.75.

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No serious investor makes stock-market decisions based on big, round numbers, but the dow jones industrial average’s close above the 25,000 barrier on. start to 2018 following a remarkable 2017.

View live S&P/ASX 200 Index chart to track latest price changes.. include the following; sse:000001 hsi:hsi asx:xjo All of the above index's will have the most impacts.. asx 200 has finally broken out of Wave 2 correction, Wave 3 shall rally up to 8400, ASX 200 has been rebounding well from late-Dec of 2018.

Citi slaps ASX 200 with target of 6500 by year. for the S&P/ASX 200 to 6500 points, more than 5 per cent above yesterday’s closing level, and predicted the benchmark share index would rise to.

ASX 200 has finally broken out of Wave 2 correction, Wave 3 shall rally up to 8400, which is 1.618 extension of Wave 1. If ASX 200 behaves similarly to what happened after 1987, this Wave 3 will go up to 1.618 extension and drop from there temporarily, and then rally all the way up.

Samantha Bailey 4.15pm: ASX rally rolls on The local sharemarket finished the higher for the sixth straight session, extending its rally in the wake of the federal election and APRA’s easing of.

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The benchmark S&P/ASX200 index closed up 24 points, or 0.37 per cent, to 6,500.1 points at 1615 AEST on Tuesday, while the broader All Ordinaries was up 19.7 points, or 0.3 per cent, to 6,584.4.

. the afternoon, before a late rally left it at the same level as Thursday's close.. " We are bearish on the Australian dollar over the near term due to a. The ASX 200, which was at various times more than half a per cent higher.