Month: November 2014
Oil plunges to a 4-year low overnight, I revisit the sector
The ASX 200 ended 88 points lower today at 5313 with weakness seen throughout the whole market. However, RIO Tinto (RIO), closed up $1.08 at $59.10.
Iron Ore and Oil keep tumbling, do we catch the falling knife?
The ASX 200 ended the day only 5 points higher at 5401, led by the financials, with National Australia Bank (NAB) up 1.5% at $32.93.
Medibank lists and closes below Institution issue price?
The ASX 200 ended the day 61 points higher at 5,396 led both by the banking and iron ore sector, with Westpac (WBC) up 1.4% at $33.07 and BHP Billiton (BHP) 1.3% at $32.53.
The Murray enquiry puts the lid on our banks, an opportunity?
The ASX 200 closed 27 points lower at 5335 after falling 65 points intraday, below the 5300 level.
*Our current format has been to cover an international stock on Monday mornings, however so much specific news has occurred in the last 48 hours that I thought I would address it individually this morning.*
The ASX 200 rallied this morning, following PBOC’s interest rate cut last Friday, ending the day 58 points higher at 5362.
Really bullish, there's more to go in the reflation rally
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