{"id":51645,"date":"2006-05-23T14:13:11","date_gmt":"2006-05-23T04:13:11","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2006\/05\/23\/local-share-indices-bogged-down-by-forced-selling\/"},"modified":"2006-05-23T14:13:11","modified_gmt":"2006-05-23T04:13:11","slug":"local-share-indices-bogged-down-by-forced-selling","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2006\/05\/23\/local-share-indices-bogged-down-by-forced-selling\/","title":{"rendered":"Local Share Indices Bogged Down By Forced Selling?"},"content":{"rendered":"<p>By Rudi Filapek-Vandyck<\/p>\n<p>Talk around the traps is that the local share market was weighed down this morning by a wave of forced selling as margin calls were being made after the recent strong declines of\u00a0 share prices.<\/p>\n<p>The S&amp;P\/ASX200 and All Ordinaries indices opened the day lower, despite the SFE futures indicating a slightly higher opening of the market.<\/p>\n<p>As the day progresses, share prices seem to be picking up. At around 2pm, both the S&amp;P\/ASX200 and All Ordinaries were close to their respective closing levels of yesterday.<\/p>\n<p>This could possibly indicate that the impact of forced sellers in the market has been successfully digested in the morning hours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It would appear that a large number of margin calls have been made this morning, leading to forced selling and a lower opening of the local share market.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/51645"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=51645"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/51645\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=51645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=51645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=51645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}