MARKET CLOSE 23-05-19

The ASX 200 closed down 19 point, but off the lows. Energy down on oil↓ overnight. Banks bounce stalls. ALL results, KGN ACCC proceedings, IRN acquisition, TRS ↓date and CEO exit, FNP cap raising and ↓guidance. Euro PMIs tonight. #ausbiz TODAY Ex-dividend – Gazal Corporation (GZL) 17.0c, Pendal Group (PDL) 20.0c Japanese data – Nikkei… Continue reading MARKET CLOSE 23-05-19

MID MORNING MARKETS 17-05-19

The ASX 200 is up 60 points in mid-morning trade after more +ve moves o/n. Gains across the board. Gold the exception. Banks lag. VAH ↓date. $A flops, 10-year yield record lows. Broker ↓grades for GWA, SYD and MYX. Election weekend. #ausbiz TODAY Ex-dividend – Dicker Data (DDR) – 5c TONIGHT European data – Construction… Continue reading MID MORNING MARKETS 17-05-19

MID MORNING MARKETS 14-05-19

The ASX 200 is down 93 points in mid-morning trade after another wild night/trade drama (yes that is a repeat for 3 days). Defensives best, IT and Financialss worst. NAB ex drags, INC ↑date, MYX and AHG ↓date.  #ausbiz TODAY Australian economic data – NAB Business Confidence Ex-dividend – Jumbo Interactive (JIN) 8.0c, National Aust.… Continue reading MID MORNING MARKETS 14-05-19