Sunset Strip > Australian Market Trading Day Wrap

Mathan Somasundaram

Deep Data Analytics

Local market bounced off the lows from the morning selloff to halve the losses.  Result update selloff in BXB and WOR drove industrials and energy sector as the worst performers on a day the market lacked any sentiment. CSV delivered another downgrade and it keeps the IT sector in higher risk category during the result season. BSL was a cracker result and we continue to see more upside as the upgrade cycle remains in play. For more....

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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...

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