health care

TREND IS YOUR FRIEND > Aussie Market and Profit Taking Risk

Mathan Somasundaram

Aussie market's up trend is about to break as US optimism struggles to support stretched multiples. Aussie markets has experienced profit taking cycles every 2-3 months over the last year. We estimate downside risk in the short term to be around 5-7%. High PE growth stocks will once again be... Show More

2017: Adapt or perish

Fidelity International

A re-evaluation of investment theses is underway across all asset classes, industry sectors and geographies. Investors must quickly adjust to rapid shifts in the investment landscape’s tectonic plates or risk losing ground. We remain structurally positive on technology stocks thanks to strong levels of innovation. While smartphone growth is fading... Show More

Three new drivers of change in Healthcare

Nikko Asset Management Australia

The healthcare industry is always evolving, and new therapies drive ongoing growth over and above the growth from the ageing demographic. However, it’s important that investors recognise that the sector’s growth doesn’t necessarily translate equally to each participant, for example, when new therapies displace incumbents. Three particular drivers of change... Show More

Join the conversation

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market fell on the open after banks turned from positive to negative on CBA result before a recovery in the second half of the day erased most of the loses. The market was held up by Health Care and Gold sector while Utilities, Energy and Retail were the main... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market delivered a solid positive day on the back of the banks, health care and staples while commodities risk did not take down resources as much as expected. That’s 13 positive days out of 17 trading days in July. The Aussie market was mainly driven by the rate cut... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market opened positively on global sentiment and then withered away after making two attempts at staying above 5530. Aussie market today was mainly driven by the rate cut expectations. Regulatory approvals helped push AIO/QUB and MTS. SIV follows CIM in getting hammered for negative market update. The market is... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market started with a rocket on the back of health care sector in the first hour and then went sideways for the rest of the day. Even if it’s not window dressing for the end of quarter and end of financial year, the bounce in the market form the... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market was slaughtered on Brexit while European markets will be road kill as the momentum truck goes through tonight. We can see FTSE pulling back between 15-20% in this down cycle while US is looking at 8-10% down cycle. When market sentiment is shot and they move into freefall,... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market maintained the negative sentiment from last week to deliver another big negative day as banks were hammered. Globally it’s all about the US Fed and what tone Janet Yellen is going to take overnight. We expect to get FOMC chairwoman to become more hawkish than in March and... Show More

See 3 more comments

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market started positive and then pulled back after solid inflation data and continued weaker China data. The Japanese negative rates and weaker US growth gave the Aussie market a strong lead while the strong inflation data reduced the probability of another rate cut and weaker China data created China... Show More

Join the conversation

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market opened negative and kept on falling with global investor selling before recovering some of the losses in the back end of the day. The move by China to allow Yuan to devaluate with the falling growth outlook is how the free market was expected to work. But in... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market opened substantially negative with global markets before recovering to close slightly negative after touching positive territory for a very short time. The US and Euro markets had the expected dummy spit overnight mainly on the devaluation of Yuan. This was all about the Chinese returning the favour to... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market started positive with better commodity and global market sentiment before budget update draining the market of optimism. We have now had 13 out of the last 16 days being negative. Commodities took a breather for a change and the domestic budget delivered the negative news. The budget has... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market started negative on global sentiment and falling commodities before making a short lived recovery on the back of banks, BHP and STO. Bargain hunters and short covering saw Energy stocks and Miners bounce, but we don’t see that lasting too long. Banks bounced on better than expected decline... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

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

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market had another volatile start before moving slightly into positive territory by the end mainly due to Banks after that unbelievable unemployment data. ABS unemployment data is farcical. To put things into perspective, 58,000 new jobs in the past month means that on a population adjusted basis, we are... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market started volatile and positive and remained there with Banks turning the corner the day before. We see the global investor selling pressure subsided today but it is holding the market to ransom till the currency drops to mid 60’s. The recent trend suggests we are going to revisit... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market started with a hammering and then recovered more than half the way back after global markets set a negative trend overnight. We see the global investor selling pressure holding the market to ransom till the currency drops to mid 60’s. The recent trend suggests we are going to... Show More