Local market ran up on strong US data at the open then traded sideways for the second half of the day. Market flipped on recent trading trends and bought into both major sectors…banks and miners did well today. The best performers were IT, Staples and Miners while Utilities, Gold and Energy were the worst performers. Markets will be keeping an eye out for tonight’s non-farm payroll data out of US. So far all the trend suggests a solid non-farm and that should clear the way for US Fed to raise rates in two weeks




Please sign in to comment on this wire.