Mathan Somasundaram

Local market jumped on the open and then traded sideways due to better commodity prices and strong global sentiment. Resources, Health Care and Banks drove the market higher while Telecommunication Services was the only negative sector. Investors continue to move from small caps to large caps and yield bond proxies to resources and banks. Market betting on strengthening USD to take down AUD, but the commodity prices are not letting that happen. Click here for the full report!!! 



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