MID MORNING MARKETS 31-05-18

ASX200 up 31 points in mid morning trade, after rebound in in’l markets. Energy and Materials on top, defensives lag. Italian risk eases, oil production cuts remain. First day for URW (nee WFD) CAPEX data later today #ausbiz TODAY Westfield (WFD) to be now known as Unibail-Rodamco SE (URW) Ex-dividend – CSR 13.5c, Oceania Capital… Continue reading MID MORNING MARKETS 31-05-18

CONSTRUCTION WORK

CONSTRUCTION WORK DONE ABS construction statistics were released yesterday. In seasonally adjusted terms, the total value of construction work down rose 0.2%in the March quarter. There was strength in Engineering (+1.5%) and Residential (+0.4%), while there were falls in Non-residential (-2.6%) and Building (-0.7%). Most economists will be focused on the impact the disappointing numbers… Continue reading CONSTRUCTION WORK