The Australian Share Market is trading in a very similar tone to yesterday's trade with the market struggling for direction

Quay Equities

The Australian Share Market is trading in a very similar tone to yesterday's trade with the market struggling for direction as a lack of significant economic data giving little incentive for investors to enter the market on its drive towards the 6000 index point mark. Market Turnover into lunch was average at $1.281 billion. We could be set to continue this flat trend into the afternoon session with limited economic news around the region. The only piece set for release is the China Westpac MNI Consumer Sentiment data but this is unlikely to be market moving. The market may have to wait till April for the Psychological 6000 mark to be broken with a very limited economic calendar to hold the market back. Across the market we saw a little interest back in the yield play... For the complete wrap please visit (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...

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