Market Wrap 27/04/2019

Market Wrap 27/04/2019

By: Tony Xie Equities: Australian equity investors rejoiced on Wednesday as the ASX 200 reached an 11-year high of 6,387.40. Elio D’Amato, executive director at Lincoln Indicators, described a number of factors driving the “strong performance”, citing the historically low interest rates and the “general health of the Australian consumers”. On the last trading day…

Before The Bell 14/04/2019

Before The Bell 14/04/2019

By: Vincent Lin Equities: The S&P 500 edged higher last week, the index is now up 16 per cent on the year, bouncing back from the crash, it is now trading 1 percent below a record high. For stock managers that climb out of the crash, the temptation now is to take the money and…

Market Wrap 13/04/2019

Market Wrap 13/04/2019

By: Mazen Elsabrouty Equities: With global uncertainties continuing to frustrate investors, the ASX200 has closed at 6,251.30 today, up 1.13% this week. The ASX200 had been making a modest gain for the week before the Friday session boosted the ASX200 by 0.85%. The dovish monetary policy tones set by the European Central Bank and the…

Before The Bell 07/04/2019

Before The Bell 07/04/2019

The ASX200 suffered a late-week sell-off wiping gains from the six-month, post-budget high of 6285 points to close at 6181.3 points on Friday. Index heavyweights BHP, CSL, Woodside and Transurban dragged the index lower on Thursday, with the selling continuing Friday despite encouraging news of a possible resolution to the nearly year-long trade war between the US and China.

Market Wrap 06/04/2019

Market Wrap 06/04/2019

By: Richard Lee Equities: The S&P/ASX200 has ended lower at 6181.3 or 0.83% lower. This is the second straight day of losses, erasing previous gains and leaving the index flat for the week. This has primarily been driven by the financials and healthcare sectors falling. However, the lower weighted technology, consumer staples and property trusts…

Before The Bell 31/03/2019

Before The Bell 31/03/2019

By: Dominic Holden Equities: In the US, the S&P 500 reached 2,834 index points at close, continuing a four-month growth period in recovery of late 2018. With the Information Technology Index up 19% YTD, this growth is heavily driven by the tech sector, and showing no signs of slowing. Cashing in on this boom is…

Market Wrap 31/03/2019

Market Wrap 31/03/2019

By: Gilbert Battistella Equities: The past week has been filled with speculation surrounding ballooning trade war tariffs resulting in hits on equity and futures markets. However, due to the resilience of the indexes, we have seen a bounce-back from such earlier losses. For the time being, bearish volume has manifested in the form of hedges…