The Australian Share Market looks set to end the week in the red

Quay Equities

The Australian Share Market looks set to end the week in the red. The market was marginally higher on the open however not the extent of the rally we saw on Wall Street overnight. I think a lot has to do with the fact that we rallied to hard in yesterday's session on the back of the yield play being in full effect. There was a lot less interest in the market today, Market Turnover into lunch reflecting this at $1.240 billion this should drift in the afternoon session with little incentive to enter the market. With a limited economic calendar today in the Asian Pacific region expect the market to make gradual loses throughout the day to end around 35 lower. Across the market the junior miners Atlas (+3.33%) & Fortescue (+0.91%).... For the entire wrap please visit (VIEW LINK)


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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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