Market Update: The S&P/ASX 200 is down 0.8%, at 5,278 points
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.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
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.
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.
Expertise
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.
Expertise
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
How to choose excellent fund managers
Livewire Markets
Macro
The RBA should warn that it could raise rates again
Coolabah Capital