Market Round Up...Well it was Dick day today

Henry Jennings

Market Round Up...Well it was Dick day today. Dick Smith that is. One of the mostly hotly anticipated IPOs in recent times came on today and quickly leveled out from a small premium to parity with the float price. The other big news today was the GDP which showed that things are still limping along at slightly sub normal growth at around 2.3% after growing a seasonally adjusted 0.6% in the September quarter. The dollar took this badly and fell to 90.6 as the RBA may be forced to act in the New Year.read more at (VIEW LINK)


Comments

Please sign in to comment on this wire.