Pre-Market Podcast Friday
US equity markets finished slightly higher overnight, ending near best levels as inflation worries ease.
US equity markets finished slightly higher overnight, ending near best levels as inflation worries ease.
Last update 11.48am. OPT more questions than answers on funding mechanism. Summary AQZ Results – Happy to Hold. Ord Minnett Research out with a bullish 450c PT. Buy recommendation. LTR funding question mark. Biotech to keep an eye on. Need more information on it. Ask the Analyst tonight. SMALL CAP PORTFOLIO 3pm Update IVZ doing…
MARKET AT MIDDAY The ASX 200 is down 3 points to 7355, in a flat day of trading, mirroring Wall Street's performance. Fed remarks and RBA governor Lowe's taking some focus. Results dominate. Energy and materials sectors lagging behind, with Bluescope Steel (BSL) seeing a 3.3% decline as it greenlit a $415m expansion for its coated metal products facility in…
ASX 200 slid 17 points to 7340 (+0.24%) in quiet trade dominated by results again today. For the week, the index is down 0.85%. Broad based weakness today, nothing spectacular though. Banks eased after CBA results and Phil Lowe talked up rates in Canberra. The Big Bank Basket down to $180.46 (0.1%). Insurers mixed, QBE…
ASX 200 slid 17 points to 7340 (+0.24%) in quiet trade dominated by results again today. For the week the index is down 0.85%.
Updated 9.55am with Firstlinks article and WDS commentary in Quick Takes SUMMARY CBA is a hold. A look at why we should celebrate banking profits. Oil may be a issue. How much has petrol risen by! Why don't we have a proper sovereign wealth fund? COMMONWEALTH BANK (CBA) There has been much commentary about the…
MARKET AT MIDDAY The ASX 200 is up 2 points to 7340 opening flat as results season kicks into full swing. US CPI is due out tonight which could impact the Federal Reserve's upcoming interest rate decision in September. The Energy sector showcased the best performance with a 2% increase, while financials struggled as the worst performers, declining…
ASX 200 closed up 19 points to 7357 (+0.3%) in a subdued day of trade. US CPI data tonight key.