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The Australian stock marketcrash was caused by the financial crisis. Due to the bad economic situation, the liquidity in the markets was severely affected. People were running short of cash badly. Hence they started liquidating their stock holdings to raise cash and when millions of people started selling their stocks, panic struck and the Stock Market crashed.
What else can I help you with?
What was the severe economic slump that followed the collapse of the stock market in 1929?
The Great Depression
Where an one contact the Australian Stock Market?
The Australian Stock Market, better known as the Australian Securities Exchange, can be contacted by telephone. The Australian number as well as the international number are listed on their website.
Is the Australian Stock Market at risk after the Russian Stock Market closing?
I'm concerned if you are getting your financial advice from this website.
What is the top stock in the australian stock exchange?
The top stock in the australian stock exchange is constantly changing due to the flux of the stock market. While one stock may be the best today it can become the worst overnight.
Wall Street Crash?
The 1929 slump on the stock market in New York. People lost a lot of money and it led to the Great Depression of the 1930s
Is Buying shares listed on the Australian stock exchange is a primary market transaction?
yes it is a primary market transaction
Is the Australian Stock Exchange a primary or a secondary market?
It is both a primary and secondary market. A primary market is one in which IPOs are issued and the secondary market is one in which normal shares are traded. The Aussie stock market called the ASX allows both.
What sort of services does the Australian stock company Comm Sec provide?
The sort of services that the Australian stock company Comm Sec provides are stocks and bonds that people can buy and sell to try and make money in the stock market.
Where can someone find the Australian stock report?
The Australian stock report is available at the australianstockreport website. It has a full list on the ASX on a scrolling banner for the latest updates on the market. Other resources include the ASX website.
How can I learn how to trade on the Australian Stock Exchange?
To learn how to trade on the Australian Stock Exchange, you can start by researching online resources, taking courses on stock trading, and practicing with a demo account. It's important to understand the basics of stock market trading, such as how to analyze stocks, place trades, and manage risks. Additionally, consider seeking guidance from a financial advisor or mentor with experience in trading on the Australian Stock Exchange.
What company are CBA shares from?
CBA is the Commonwealth Bank of Australia. These stocks are sold for about $70 as of July 18, 2013 and can be purchased on the Australian Securities Exchange, which is the Australian stock market.
Is it wise to buy investment properties now that there is a housing slump in the market?
Even with the slump in the housing market, purchasing investment properties can still be a wise long term investment. Of course, as always the location is the key factor and the price. Due to the slump and the economy, there are lots of good deals out there for investers.
