End of Day Report

Marcus Padley

Marcus Today

ASX 200 closes down 8 points as we limped into the weekend. US market half day tonight. US Dow Futures up 13 points. Asia weaker as Japan announces a raft of economic data. A very solid start with the market topping out at 5258 following strong European leads and better metal prices. Unfortunately, the market ran out of momentum and went backwards from its opening high and limped into the weekend in quiet trading. Options expiry last night inflated volumes and sentiment at the opening but it soon evaporated. For the week the ASX 200 is down 50 points or around 0.9%. BHP is down from 2050 for the week, around 7.8%. - See more at: (VIEW LINK)


Marcus Padley
Director
Marcus Today

Marcus Padley founded Marcus Today in 1998 and leads the team of analysts and market commentators that publishes a daily stock market newsletter, presents four podcasts and runs an $80m Australian equity fund. He is passionate about educating and...

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