The Australian Share Market has opened the session with a strong gain shrugging off rising geopolitical tensions in the Middle East

Quay Equities

The Australian Share Market has opened the session with a strong gain shrugging off rising geopolitical tensions in the Middle East and a sluggish Wall Street lead to be in the black heading into the weekend. The market had been flat in the opening hour but did kick on from around 11am. Dow Futures markets are quite strong for this time of the afternoon also. Market Turnover was hard to gauge given options expiry overnight. Turnover into lunch at $3.805 billion. At 12:30 AEDT, China does release Industrial Profits data so we could see some action amongst the commodity players but realistically the market is likely to be quiet heading into the RBA next week. Tonight we do receive GDP & consumer sentiment data out of the U.S but this is the only significant data ahead of the RBA meeting next Tuesday which will set this tone for trading next week heading into the Easter break. For the entire market wrap, please visit (VIEW LINK)


1 topic

Quay Equities
Quay Equities

Quay Equities is a privately owned investment advisory firm independent of banks and brokers. This enables us to focus solely on our clients’ needs whilst providing conflict-free advice on Australian Shares. The team at Quay specialise in...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment