Aussie market maintains the negative mode as it remains under the global investor selling pressure with currency getting down below 71 cents before bouncing. During the holiday period, the lack of buying support from insto land means that any selling pressure from the global investors looking to reduce market exposure... Show More
Aussie market started negative and saw substantial selling at the close to end at the lows. Chinese market will take a few days to settle and build better sentiment. The market is likely to trade sideways to down over the next few weeks before strong profit taking pressure brings it... Show More
Dick Smith has been placed in voluntary administration after failing to secure further funding from its lenders. Shares in the troubled electronics retailer have been suspended FIND OUT MORE https://www.commsec.com.au/market-news/the-markets.html Show More
Aussie market moved up hard as global investors jumped back on the large cap stocks with risk to falling currency subsiding. RBA staying on the sidelines on the rate cut cycle with China slowdown being negated by the US Fed remaining on the long path to interest rate normalisation. Market... Show More
Aussie market pulled back with weaker commodities and a week of volatile global and local macro ahead. We continue expect the market to tread water with global and local macro taking center stage this week. Local macro is mainly redundant as the US rate cycle is the main game. RBA... Show More
CommSec Market Analyst Steven Daghlian reports on Dick Smith’s steep declines on Monday, as the company flagged a $60m write-down following an inventory review Show More
Aussie market remains aimless and flat as it waits for central bankers to set the tone. The week of the central bankers will kick of tomorrow with US Fed and even PBOC may come to the market on their outlook. The best performing sectors were Gold, Health Care and Telcos... Show More
SHIELD - Sustainable High Yield | Protection against falling interest rates | The recent RBA move has made equities the preferred risk/return option for investors wanting more than 3% return in a rising cost and falling interest rate environment. We expect global investors to return to Australian high equity dividend... Show More
Discretionary retailers will be crunched by the weaker $A, so why does the market choose to ignore it? Whilst the falling $A is a potential rescuer of the Australian economy, we believe there has been little analysis on its likely effect on discretionary retailers who face a surge in the... Show More
Sunset Strip | Aussie market went negative despite positive global lead due to falling Iron Ore and currency. Local employment data showed unemployment stayed at 6.2% despite new jobs...not looking good for 2015...going above 6.5%. Given the low global and local growth, we continue to favour the yield thematic. Short... Show More
Sunset Strip | Aussie market ex banks was positive with global sentiment while banks pulled the index flat. Banks were sold down pre sector reporting season. The global markets will hold their breath to see what US Fed will deliver tonight. Markets are expecting the end of QE and clarity... Show More
Macquarie Research rate Dick Smith an outperform on the back of last week's Q3 trading update. Dick Smith (DSH) announced overall group third quarter like-for-like sales increased 1%. Like-for-like sales in the Australian business saw sales increase 2.4% in the quarter. Dick Smith (DSH) said it remains on track to... Show More
Buy Hold Sell: Recent IPO's. This week we take a look at the new kids on the block. After their first reporting season under the spotlight how did the newest additions to the ASX stack up? We look at Dick Smith, Veda Group, Nine Entertainment and of course the Sector... Show More
Perpetual look like they have been very active over the past few days with a number subsatntial holder notices out this morning. Last week we published a note from Perpetual singing the virtues of the recently listed Dick Smith Holdings (DSH). It look like they have put their money where... Show More
Perpetual: In December we took an allocation in the IPO of Dick Smith Electronics (DSH), which was floated by PE firm Anchorage late last year. While the reasons for Dick Smith's underperformance when owned by Woolworths are not clear, we now believe that there are some clearly identifiable opportunities for... Show More