ASX:OCL

Mathan Somasundaram

Local market bounced back on positive US and China economic data. The local business capex outlook data was positive but the weak consumer sentiment shows that one has not translated to the other since GFC. The GDP growth rate hit 3% and maintains the recovery pace we have seen in... Show More

Mathan Somasundaram

Local market made a solid surprise recovery respite health care changes in US ran into stumbling blocks. Local market was pushed up by Telcos, Banks and Staples while Gold and Industrials were the negative performers. Today’s market performance shows that the underlying driver is still reflation trade and that hold... Show More