Time: 2024-12-14
The ASX / ASX 200 Index experience a volatile day on Thursday, with an initial spike in value follow by a pause due to a strong unemployment report. However, the Betashares Nasdaq 100 ETF ( ASX : NDQ ) have a remarkable performance, reach new high throughout the day.
At the opening of the market, NDQ unit_of_measurement billow to 0.66 each before top_out at 0.72, setting a new 52-week and all-time record high. Currently, NDQ unit_of_measurement are up by 0.98% at 0.43 each, showcasing the ETF's strength amidst market uncertainty.
The Betashares Nasdaq 100 ETF's exceeding performance can be impute to its trailing of the American NASDAQ-100 Index ( NASDAQ : NDX ). The NASDAQ-100 Index consist the large 100 not-fiscal share list on the Nasdaq stock exchange, include technical_school giant like Apple, Microsoft, and Amazon.
The NASDAQ-100 Index experience significant addition in the American market, rise by 1.85% to 21,763.98 point and hit a record high of 21,784.71 point. This rush was drive by impressive performance from key company such as Apple, Alphabet, Meta Platforms, Amazon, and Tesla, with Tesla standing out with a 5.93% addition to US24.77 per share.
With the ASX NDQ ETF's significant growth of 35% in 2024 and a 141.87% rise since December 2019, investor may be wonder if it's too late to bargain in. While index funds like NDQ tend to rise over time, the Holocene extraordinary addition may present a challenge for new investors.
One scheme to voyage this situation is to implement a dollar-cost average approach, buying in small tranche at regular time_interval to extenuate the hazard of investing at a market extremum. This method let investor to capitalize on potential market fluctuation and physique a more resilient investing portfolio over time.
As the market continue to evolve, monitoring the performance of the ASX NDQ ETF in 2025 will supply valuable penetration into its hanker-term sustainability and growth potential.