Markets: Apathy shows in low turnover

Even earnings season was not enough to boost wafer-thin trading volumes, which could reflect investors’ fear of an imminent correction.

Towards the end of August, Evan Lucas, a market strategist at IG Markets, warned there is a real possibility of a correction. Muted volumes during the month of August may reflect investors’ fear this could be an imminent reality.

A better than expected reporting season wasn’t enough to haul volume traded on the ASX 200 in August above the three-month average, confirming just how indecisive investors are. In fact, August volumes were the lowest since 2006.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles