{"id":707434,"date":"2026-06-01T02:56:10","date_gmt":"2026-06-01T02:56:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/707434\/"},"modified":"2026-06-01T02:56:10","modified_gmt":"2026-06-01T02:56:10","slug":"13b-in-pls-group-shares-traded-late-on-friday-afternoon-after-msci-rebalance","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/707434\/","title":{"rendered":"$13b in PLS Group shares traded late on Friday afternoon after MSCI rebalance"},"content":{"rendered":"<p>What happened late last Friday should send a chilling warning to the director of every company on the ASX and their CEOs \u2013 there are forces behind share prices much greater than earnings per share, corporate strategy or corporate governance.<\/p>\n<p>Almost $23 billion of stock traded on Friday \u2013 the second-biggest day of the year \u2013 on what was an otherwise pretty orderly day: Donald Trump didn\u2019t do or say anything, interest rate futures were unchanged and Commonwealth Bank and BHP didn\u2019t say boo. More than $10 billion of that was after-market, a time when fund managers and traders have usually headed to the pub.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"What happened late last Friday should send a chilling warning to the director of every company on the&hellip;\n","protected":false},"author":2,"featured_media":707435,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":["post-707434","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/707434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=707434"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/707434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/707435"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=707434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=707434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=707434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}