Sunset Strip > Trading Day Wrap From Blue Ocean 20170516

Mathan Somasundaram

Local market finished positive after a volatile day with positive global overnight sentiment with Oil bounce. The best performers were Industrials, Metals & Miners and Retail while Banks, Gold and Utilities were the worst performers. NAB and MQG traded ex div today….WBC goes ex div on Thursday. Oil market > The move by Saudi Arabia and Russia to extend cuts was expected…and shows that they are losing the battle against shale…more shale to come online and cap the upside.

Click here for the full report...


Mathan Somasundaram

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...


No areas of expertise


Please sign in to comment on this wire.