Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Deep Data Analytics

Aussie market started negative and then had a slight recovery before the close. The selling looks to be global investors selling out of Australia for currency worry on both equities and bonds. All the macro signals from US Fed, China and the domestic economy points to lower currency and hence global investors are taking profit. The market will wait and see what happens with all the global and local macro over the next two days before breaking out of the recent up and down trend. Small Cap continues to outperform Big Caps on a month to date and year to date basis. If you want growth and yield, it is time to look past the usual candidates and go up the risk ladder to Small Caps…preferred small cap sectors are Tech, Telco and Health. (VIEW LINK)

Mathan Somasundaram
Founder & CEO
Deep Data Analytics

Over 25 years’ experience in the finance/tech industry. Mathan has worked extensively in all parts of the finance sector (i.e. County NatWest, Citi, LIM, Southern Cross, Bell Potter, Baillieu Holst and Blue Ocean Equities). Currently Founder and...

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.


Sign In or Join Free to comment