MID MORNING MARKETS 12-04-18

The ASX 200 is up 1 point in mid morning trade after a strong rebound from -26. Global market focus on Trump/Russia threats, missiles in Saudi Arabia and FOMC mintes. Materials rallying, banks lagging.  #ausbiz TODAY Economic data – Home Loans Ex-dividend – Future Generation Investment Company (FGX) 2.2c, Pengana International Equities (PIA) 3.5c, WAM… Continue reading MID MORNING MARKETS 12-04-18

MID MORNING MARKETS 11-04-18

The ASX 200 is down 16 points in mid morning trade after a strong US session, responding to Chinese “open” policies, developments in Russia and Facebook CEO testimony. Materials rallying, banks lagging. APT update and +ve FNP broker comments  #ausbiz TODAY Economic data – Westpac Consumer Confidence Index RBA Governor Philip Lowe Speech Chinese –… Continue reading MID MORNING MARKETS 11-04-18

MID MORNING MARKETS 10-4-18

The ASX 200 is down 3 points in mid morning trade after a tumultuous trading session in the US. Caution ahead of Chinese President Xi Jinping speech at 11:30am. Not much corporate news. Banks lead the losses, Energy, Gold and Materials outperfomring.  #ausbiz TODAY Ex-dividend – Contango Income Generator (CIE) 1.6c, Gowing Brothers (GOW) 6.0c… Continue reading MID MORNING MARKETS 10-4-18

MID MORNING MARKETS 6-4-18

The ASX 200 is down 16 points in mid morning trade, despite positive leads from US markets overnight, on after-market tariff turmoil. A_RIETS  the only +ve sector. Consumer stocks lower. MYR speculation on DJs bid. #ausbiz TODAY Ex-dividend – Aberdeen Leaders (ALR) 1.3c, Cyclopharm Limited (CYC) 0.5c Economic data – New vehicle sales. TD inflation… Continue reading MID MORNING MARKETS 6-4-18