Quay Mid-Day Market Update

The Australian Share Market is trading marginally lower to open the session. The local index did see weakness on the opening bell with a combination of a weak Wall Street lead and the continued uncertainty in the resource sector sending stocks lower. Market Turnover picked up slightly from yesterday at $1.260 billion, however this is still off normal levels due to school holidays. This afternoon we are likely to see a cautious move ahead of the Chinese GDP numbers tomorrow, so look for a flat afternoon session. Early economic releases saw the ANZ-Roy Morgan Consumer Confidence data... for the entire wrap please visit (VIEW LINK)

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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...


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