The Australian Share Market has started the day in slight negative territory on another busy day for investors to digest earnings from blue chips including BHP...

The Australian Share Market has started the day in slight negative territory on another busy day for investors to digest earnings from blue chips including BHP & QBE while Wall Street was little changed in a cautious mood ahead of Janet Yellen's testimony beginning tonight. Market Turnover on the day was $1.554 billion. I think the market be quiet in the afternoon with the big name companies already reporting, no significant economic data in the region while investors will be cautious ahead of Janet Yellens testimony. Across the market the major lag was yesterday's strength with the financial sector in the red today with some profits booked after their very solid run. Despite the continued oil price volatility, the energy sector did quite well to be trading in the black with Woodside (+0.77%), Santos (+1.16%) and Oil Search (+1.45%) though in contrast to the financials it could be a number of short selling covered in the sector. For the rest of the wrap please visit (VIEW LINK)