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stock CFDs (contracts for difference) are financial instruments that allow you to trade on a stock's price movements without actually owning the underlying asset.
Amazon's growth has seen its stock price become one of the most attractive options for investors, with more people exploring diverse ways to tap into the company's growth. This post covers how you can invest in Amazon stock and profit from its growth (or decline).
At the beginning of 2023, the Australian stock market, represented by the ASX index, approached its historical peak of around 7561 points reached in 2022. However, it later experienced a decline, reaching its lowest point in late October 2023 with a loss of about 10%. The market then recovered and surpassed the previous peak in February 2024.
Although the Australian stock market had a relatively modest adjustment in 2023, ASX-listed lithium stocks experienced significant declines, with many companies in this industry losing up to 80% of their value.