Sunset Strip > Trading Day Wrap From Blue Ocean 20170328

Mathan Somasundaram

Local market had an unexpected strong day…bounced up and held up better than anyone expected after the weak US sentiment. Market was once again pushed up by the Banks but even the miners turned positive with Utilities and Gold were the only negative sectors. Dividend money flowing back helped the yield trades like the banks but today’s move back above 5800 still feels like a house of straw.

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About this contributor

Mathan Somasundaram

Mathan Somasundaram

Market Portfolio Strategist, Blue Ocean Equities

2017 - Now > Blue Ocean (AUS) > Market Portfolio Strategist 2012 - 2017> Baillieu Holst (AUS) > Head of Strategy, Quant and Data Analytics 2009 - 2012 > Bell Potter / Southern Cross (AUS) > Head of Quant and Data Analytics 2007 - 2009 > LIM...

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