On Thursday, the$S&P/ASX 200(.XJO.AU)$Index climbed toalmost 7,901.2,setting new record highs.
This positive performance of the market can be attributed to the subdued Consumer Inflation Expectations and Retail Sales data from Australia, which indicate that the Reserve Bank of Australia (RBA) may adopt a more supportive stance towards interest rates.
The Australian Monthly Consumer Price Index, which was released on Wednesday, was also lower than expected, providing additional backing for the Australian stock market.
*Images provided are not current, and any securities are shown for illustrative purposes only.
*Source: moomoo
Will the ASX 200 Index continue its momentum on April 2?
What's your guess of its closing priceon the first trading days since it reached its new high?
Guess now to get points reward if you are right!
Rewards
An equal share of 2,000 points: For mooers who correctly guess the price range of$S&P/ASX 200(.XJO.AU)$'s closing price at4 PM AEDT 2 April.
(e.g., If 50 mooers make a correct guess, each of them will get 40 points.)
Note
The vote will close on2:00 PM AEDT 2 April.
Rewards will be distributed within 5-7 working days after the result's announcement.
Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
The selection is based on post quality, originality, and user engagement.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Liam Mitchell : Has no one considered that this is an effect of yesterday's CPI data?
Skoljil : I guess more.
Cocona33 : I think I came here for the points.
Redhairpony : Hi, i believe there is a typo at the header of the voting bar chart.
EvanderAU : Is that really accurate?
TOLKKI : Can we get to 8000?