Midday Report Friday

Reports Section

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…

End Of Day Report Friday

Reports Section

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…

Henry’s Take – The Diggers Curse

Box 2

SUMMARY The Curse of Diggers – Delta Minor. AQZ – Results out this morning. JLG – Research this morning. Ausbiz ‘The Call’ – Ten stocks analysed and LOV too. 2.45pm Update Some big moves out there today. 4DX up 12%. A11 up 11.6%. AQZ up 3%. RED firing up too. Now above 20c. There are…

Strategy By Henry – Bank Bashing is Back

Box 1

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…

Midday Report Thursday

Reports Section

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…