Market Update: The S&P/ASX200 was down 0.5% to 5,412 points as all sectors took a breather

Bell Potter

Stockbroker

Market Update: The S&P/ASX200 was down 0.5% to 5,412 points as all sectors took a breather. Financials were mixed with ANZ and WBC a touch higher while CBA and NAB were down 0.3% and 0.2% respectively. Resources' weak trend continued with BHP and RIO both down 0.5%. Earnings were in focus, Qantas dropped 8.1% after it posted a biggest half year loss since its listing in 1995. The AUD was also lower after Australia's fourth quarter capital expenditure fell 5.2% from third quarter. The dollar is currently trading at USD 0.8936. The SPI was down 0.7% at 5,397 points on the Sydney Futures Exchange.


1 topic

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