asx:qin

Mathan Somasundaram

Local market fell from the start with weak sentiment before making a slight recovery in the back end of the day. US retail data and US CPI data will set the tone for next week…BOE was playing safe while data continues to improve in EU…China is spruiking the “Silk Road”... Show More

Mathan Somasundaram

Local market jumped up on strong oil price and then ran out of puff as stretched valuation and weak commodities weighed on weak sentiment. The best performers were Health Care, Staples and Gold while Telcos, Utilities and Discretionary Retail were the worst. Budget confirmed that the only option is infrastructure... Show More

Mathan Somasundaram

Local market ran out of puff and closed at the lows of a negative last day of the quarter. We are heading into the last week of trading before school holidays and institutional investors are likely to lock in their profits before going on holiday with their families. Retail investors... Show More

Mathan Somasundaram

Local market had another solid day in line with US market after continued strong consumer and housing data. IT, Industrials and Energy were the best performers while Gold was the only negative sector. Banks continue to do the heavy lifting as more doubts were raised about the regulatory risks while... Show More

Mathan Somasundaram

Local market had an unexpected strong day…bounced up and held up better than anyone expected after the weak US sentiment. Market was once again pushed up by the Banks but even the miners turned positive with Utilities and Gold were the only negative sectors. Dividend money flowing back... Show More

Mathan Somasundaram

Local market made a small recovery from yesterday’s smack down but sentiment remains weak. US market remains in the second part of “Buy the rumour, Sell the fact” trade as US fiscal policy ran into multilevel execution problems. Media articles are pointing to delays in financial deregulations, health care reform... Show More