Month: October 2014
**ANZ Banking Group (ANZ) is currently placed in trading halt, requested until Wednesday, pending a release by the company**
Please excuse the lack of creativity in this morning’s report, but I have been at hospital all night after my son had an asthma attack – very glad it’s Friday! We have had a wild and exciting few weeks in the market which has unfolded almost exactly as we had expected, hence until we witness a change to the pattern I will be focusing on the below views.
The ASX 200 advanced, closing 29 points higher at 5412 again, led by the banking sector with Commonwealth Bank (CBA) closing 60c higher at $78.77.
See our Market Matters video update 22nd October – Medibank, Interest Rates and Top Pick
The ASX 200 closed slightly lower, down 3 points to 5383 in a fairly quiet day but resilient to offshore falls.
Comments flood in on Medibank Private and US Indices start to show their hand
The ASX 200 rallied, closing 61 points higher at 5,386, following the lead from global markets overnight.
Medibank Private is offered between $1.55 and $2, this means what?
The ASX 200 closed marginally higher, up 6 points to 5,325 after trading as high as 5345 earlier today.
**Transfield (TSE) receives Takeover Bid from Ferrovial at A$1.95/Share**
Really bullish, there's more to go in the reflation rally
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