Market Pulse

Evening Market Analysis: Miners Weigh

Aussie shares started the trading week in negative territory, despite a mixed night on international markets on Friday. At home a majority of sectors finished in the red, with energy and materials clearly the hardest hit. The defensive segments of the market held up reasonably well, with staples and healthcare both recording gains. The big four banks


Evening Market Analysis: Modest Close To Modest Week

Aussie share finished the week on a positive note, despite the negative lead provided by international shares overnight. All the sectors except for materials and healthcare finished above water, with utilities clearly the best performing segment. The big four banks were mostly stronger, with ANZ (+0.4%), CBA (+0.3%) and Westpac (+1.4%) all closing higher. NAB (-0.5%) was


Evening Market Analysis: Down Day

The Australian market lost ground today, despite a positive session for US and EU shares overnight. Closer to home HSBC released its preliminary data for China’s September purchasing managers index came out at 47.8, compared to 47.6 for the final score in August. A reading below 50 indicates contraction in the manufacturing sector. The local sectors closed


Evening Market Analysis: Solid day given the leads

Aussie shares climbed higher today, despite a mostly negative lead from international markets overnight. A clear majority of sectors finished above water with materials, healthcare and IT stocks the standout performers. The big four banks were mainly stronger on the day, with ANZ (+0.7%), CBA (+0.1%), and Westpac (+0.6%) all closing higher. NAB (-0.1%) was the


Evening Market Analysis: Modest Gains

Aussie shares started the trading week in positive territory, after a positive lead from international markets on Friday. Despite the modest point gain, a clear majority of sectors closed in heavily in the red, with property and consumer staples the hardest hit. Material, energy and industrials stock were the only segments to finish above water.


Evening Market Analysis: RBA Holds Steady

The Australian stockmarket ended lower today, despite a positive lead from European markets. In local news, the RBA decided to hold interest rates steady at 3.5%, as expected by economists. RBA Governor Glenn Stevens said he did not expect the global economy to grow at more than an average pace for the rest of 2012.


Evening Market Update: Little Change

The Australian stockmarket finished slightly lower today, after a mostly negative lead from US and European markets overnight. Despite the market finishing in the red, a majority of sectors finished above water, with IT and telcos the best performers. Materials stocks were the clear underperformers on the day on the back of weakness in commodity


Evening Market Analysis: Afternoon Jump

Aussie shares finished higher on the day, despite a mixed night on international markets overnight. A majority of sectors closed above water; with healthcare and utilities the standout performers. Materials and energy stocks were the weakest links. Out of the big four banks all but CBA (-0.4%) enjoyed gains, with ANZ and NAB the best


Evening Market Analysis: Bullying Fade

Aussie shares started the trading week in the red, despite Friday night’s positive lead from international markets. At home the sectors finished mostly weaker, with financial and energy stocks the biggest drags on the market. IT was the clear standout sector. The banking majors finished mainly weaker, with ANZ (-0.3%), NAB (-0.6%) and CBA (-0.5%)


Evening Market Analysis: Another Quiet Day

The Australian sharemarket edged lower today. The sectors closed mostly weaker with telcos and energy bearing the brunt of the selling. Health care and IT stocks held up reasonably well. BHP and Rio Tinto fell 0.3% and 0.6% respectively, despite BHP reporting a slightly better-than-expected full-year underlying profit. The big four banks finished mixed on


Australian Stock Report Ltd ACN 106 863 978 AFS License 301682 (ASR) is licensed as an Australian Financial Services License pursuant to section 9138 of the Corporations Act 2001 (Cth). Before acquiring or using any of Australian Stock Report's products, you should obtain & consider our Financial Services Guide. Australian Stock Report offers general advice only about financial products (limited to derivatives and securities) without investigating or commenting on their suitability for you. Foreign Exchange recommendations are general advice only, through HC Securities Pty Ltd, corporate authorised representative No. 297316, (CAR) of Independent Advisor Solutions Pty Ltd - AFSL No. 314614.