ASX during the 1997 Asian financial crisis

Performance of the All Ordinaries during the 1997 Asian financial crisis and ensuing Russian financial crisis in 1998.

All Ordinaries 1996-1998

The index gained 7.9% in 1997 and 7.5% in 1998 despite the upheaval in Asian markets. Australia is now a lot more reliant on exports to Asia, however, than in 1997/98.

All Ordinaries

Reversal of 13-week Twiggs Money Flow below zero warns of long-term selling pressure. Follow-through of the All Ords below 5000 would confirm a primary down-trend.

One thought on “ASX during the 1997 Asian financial crisis

  1. Raymond says:

    ASX200 “4761.90”

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