Sunset Strip (Afternoon Report) | Aussie market trended down on local consumer sentiment worries with no real global lead

Mathan Somasundaram

Deep Data Analytics

Sunset Strip (Afternoon Report) | Aussie market trended down on local consumer sentiment worries with no real global lead. Lack of global macro data to set a strong market sentiment has led to low volume trading day again. If this does not get more interesting, brokers will have to start calling each other for lunch dates. Aussie market closed down 0.29% while turnover was just above $3.9b. Banks held ground while Resources were sold down again. (VIEW LINK)


Mathan Somasundaram
Founder & CEO
Deep Data Analytics

Over 30 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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