ASX 200 rose strongly holding above 7000 closing up 58 points at 7007 (+0.8%).
ASX 200 rose strongly holding above 700 closing up 58 points at 7007 (+0.8%). Resources are back in fashion as FMG led the iron ore miners higher up 2.7%, with BHP and RIO also doing well. Lithium had a rare day in the green, PLS up 0.9% and MIN up 3.1%. Gold miners slightly higher.
US markets enjoyed a positive night on Friday. Bond yields stabilised during the session and…
SMALL CAP PORTFOLIO 2.45pm Updates Lithium remains on the nose. IVZ falling as more testing…
SUMMARY
ANZ Results – First look. Nothing to really spook the horses. Dividend surprise. Franking drops though.
We are expecting a solid start to the session today given the moves in the US on Friday.
Plenty of economic data this week. US shutdown looms again.
ASX 200 is down 7 points as a positive lead from the US quickly fades. Four sectors are up, two flat and five down. Utilities are the best performers today (not saying much) helped by ORG (+1.7%) which announced a special (conditional) dividend. Financials are the worst as ANZ drags the sector lower on results. CBA is slightly up 0.2%, WBC down 0.4%, NAB the standout up 1.3%. ANZ itself opened dow
The ASX 200 falls 28 points to 6949 (0.4%) in a quiet start to a big week. ANZ results dominated with a small sell-off after missing some targets and dividend franking levels. The Big Bank Basket dropped to