Livewire has acquired Market Index, the country’s leader in free stock market data.
Find out why.

Quay Mid-Day Market Update

Quay Equities

The Australian Share Market has started the week on a positive note with the local index chipping ever so closely to the psychological 6000 index level as a strong lead from Wall Street on Friday boosted local sentiment. Market Turnover into lunch was low at $998 billion with turnover still off due to school holidays. This afternoon we should get direction from the Chinese Trade data which could see bargain hunting in resource stocks if we get a good number. It is a big week of data lead by China, which includes its GDP figures on Wednesday. Locally with data being very crucial for the RBA next moves local unemployment figures are due on Thursday. Across the market the main driver to the market strength was the energy sector... for the complete wrap please visit (VIEW LINK)


1 topic

Quay Equities
Quay Equities

Quay Equities is a privately owned investment advisory firm independent of banks and brokers. This enables us to focus solely on our clients’ needs whilst providing conflict-free advice on Australian Shares. The team at Quay specialise in...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.