Market Update: The S&P/ASX 200 is down 0.8%, at 5,278 points

Bell Potter

Stockbroker

Market Update: The S&P/ASX 200 is down 0.8%, at 5,278 points. China's better-than-expected November PMI of 51.4 failed to lift the market. All major banks fell between 0.2% and 1.3%. Resources also down with BHP dropping 1.4% and Rio sliding 0.6%. The two big names last week, Forge Group and GrainCorp, were under selling pressure again with Forge Group tumbling 16.7% and GrainCorp losing 2.5%. The AUD was performing much better to be trading at US$0.9150. The SPI was down 0.8% at 5,284 points on the Sydney Futures Exchange.


Bell Potter
Stockbroker

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

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.

Comments

Sign In or Join Free to comment