trading on london stock exchange

It is already known that the SP behavior on ASX is driven by the SP on London Stock Exchange. Also the volumes traded on ASX by 3-10 times lower than it is on LSE.

The past couple of trading days on LSE were relatively quite with small trading volumes of ~2mln and a narrow price range. Today there is a different behavior on LSE. After 1 hour of trading already over 2 mln shares have already been traded with an initial dumping and price going down to 4p, then a a recovering stage to the previous day closing price.

irynka