Month: December 2018
The S&P/ASX 200 (Index:^AXJO) (ASX:XJO) may be slipping into the red but a number of underperforming ASX shares are finding favour today despite growing risk aversion among investors. The ASX 200 fell 0.3% to 5,574 in late morning trade as ongoing worries about the health of the global economy continues to rattle global markets. But […]
Stock Bega Cheese (ASX: BGA) $4.97 as at 19/12/2018 Event Cheese maker Bega is the worst performer in the ASX200 this morning after updating the market with soft guidance for FY19 half way through the year. As with many companies with leverage to the agriculture sector, Bega has blamed the drought for its woes sending […]
Stock Fletcher Building (ASX: FBU) $4.72 as at 18/12/2018 Event Construction product manufacturer Fletcher Building has bucked the market weakness to trade higher into the afternoon following the announcement of the sale of their Formica business. Fletcher will receive $US840m for the sale of the international laminates and panels business that was deemed as non-core […]
Really bullish, there's more to go in the reflation rally
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