Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market was smacked again on the open before making a slight recovery through the day. Global investors continue to rush to the door as ECB throws a spanner in the stimulus cycle and US shows more cracks in the recovery story. The market today was mainly held up by resources….if not we would have fallen by more than 1% today!!! The main big boys that took the market down were Banks and they were taken apart by global investors reducing exposure!!! Interesting moves of the day… (VIEW LINK)


Mathan Somasundaram

2017 - Now > Blue Ocean (AUS) > Market Portfolio Strategist 2012 - 2017> Baillieu Holst (AUS) > Head of Strategy, Quant and Data Analytics 2009 - 2012 > Bell Potter / Southern Cross (AUS) > Head of Quant and Data Analytics 2007 - 2009 > LIM...

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