ASX:SIP

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

Market pulled back with global sentiment after US Fed flagged a step up in their outlook to rate rise. Credit is where credit is due. US Fed has taken a beating from every pundit on the rate of change while history will treat them well as they have achieved their... Show More