The Australian Share Market has started the week in positive territory in a choppy start to the session with the market finally seeing confirmation to the...

Quay Equities

The Australian Share Market has started the week in positive territory in a choppy start to the session with the market finally seeing confirmation to the agreement to the Greece bailout after weeks of negotiations while local investors again were busy with a number of company reporting's to digest after a quieter day on Friday. Market Turnover into lunch steady at $1.217 billion however given no significant economic releases in the region expect a little less action in the afternoon session, I'm also expecting a flat finish with no real reason to push higher after the mixed bag of reporting's from this morning. China, Taiwan and Vietnam are also still closed for the Chinese New Year holiday. Across the market the strength in the market again came from the big banks with the pick ANZ (+0.72%) and Westpac (0.69%) with the yield play again in effect today while Macquarie (+1.46%) also continued its upward momentum & has been very well supported by the big brokers. Read the rest of the wrap at (VIEW LINK)


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