ASX:AAC

AUSTRALIAN AGRICULTURAL COMPANY LIMITED.

James Gerrish

Not a lot to get excited about today with the market ebbing and flowing throughout the session to end the day marginally higher. US Futures were flat during our time zone, Asia was higher but not substantially so. There was a big seller of our market from midday for about... Show More

NAOS Asset Management

“We have seen a marked increase in the frequency of securities class actions as well as the average size of the settlement for those class actions. Until about three years ago, you would have expected to see around two securities class actions a year in Australia. In the last two... Show More

Mathan Somasundaram

Local market had a slide after flip flopping early in the day. Commodities bounce helped the miners after US Fed, ECB and BOE moved dovish. UK recovery in wages growth and historically low unemployment helps support the economy despite the high inflation and low currency. Show More

Mathan Somasundaram

Local market fell on the open before recovering to finish flat. Resources and Financials help to hold the market from profit taking in the big industrial sectors. The best performing sectors were Miners, Banks and Energy while the worst performers were Utilities, Staples and Health Care. On the sector/stock front….(1)... 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 fell on the open on weaker commodities before recovering and then running into bank tax rumours taking it down again. Commodities remain weak…China hasn’t turned the corner…value has returned to the sector but the momentum remains weak. Banks have moved from reporting to ex div period…not... Show More

Mathan Somasundaram

Local market popped on the open with better global sentiment post French election before pulling back on the reality of weaker commodities and do-nothing budget. Commodities were stable for a change after a week of bashing…but China hasn’t turned the corner…value has returned to the sector but the momentum remains... Show More

Mathan Somasundaram

Local market fell after starting positive and then made a slight recovery to deliver third consecutive negative day. Commodities were smacked overnight and that meant resource sector was always going to be under pressure. Banks started positive on NAB result but then faded into negative territory as market worried about... Show More