Good afternoon, ASX 200 up 1.80% for the past week and pretty flat today, 5923 points as I type this (post note: closed up 19.5pts, 5941). Property stocks did well last week along, Charter Hall (CHC) and Goodman Group (GMG) both reported Assets Under Management (AUM) ahead of expectations, which
Good afternoon, ASX200 bounced back 3.25% over the course of last week, closing at 5849, up 184 points, we are still down c. 90 points on 2 weeks ago though and 8.2% off the 2018 high (6373 on 30 August). Resources stocks (+3.18%) outperformed Industrials (+1.84%) over the week with
Good afternoon, The market has bounced back 41 points this morning, or 0.72% with the ASX 200 index trading at 5704 pts. It's been a tough month, no sugar coating it, we are down 8% for the month, and there have only been four months in the last 20 years
Good afternoon, ASX200 added 0.93% over the week, including today's 0.66% decline at the time of this. Property & Infrastructure stocks displayed their defensive characteristics as bond yields settled. Healthcare and Materials (both high beta sectors) were the weakest performers. While on the face of it, utilities had a good
Good afternoon, Bit of a tricky week on the markets, we had a pretty significant "risk off" swing last week where investors were spooked by the increase in bond yields that actually happened a week ago. There is a perfect correlation between the volatility index and how much rubbish spews
Good afternoon, ASX 200 was actually up at the close on Friday but a 58 point fall this morning has seen us crack negative territory for the week, down 0.71% on this time last week. Discretionary stocks were sold off, despite strong retail sales numbers, but more on that later.