ASX’s November Volumes Pointed Higher, Capital Raised Drops MoM

[kreslik.news]

The Australian Securities Exchange (ASX) has just reported its monthly activity report for November 2016, having revered a tepid decline incurred last month. The recent metrics are reflective of a global trend that witnessed growing trading volumes due to a November election in the United States.

For the month ending November 2016, the value of ASX-listed stocks, as measured by the global All Ordinaries Index, rose 1.9% MoM from October 2016 – the figure also compared to a declining expected future volatility reading of 15.2 in November 2016, up from 14.4 in October 2016, suggesting a more volatile month of trading.

Moreover, ... (read more)