Month: December 2018
The big ASX market bounce seems to be petering out as questions emerge over the temporary truce in the trade war between the US and China. The S&P/ASX 200 (Index:^AXJO) (ASX:XJO) index gave back some of yesterday’s stellar gains and fell 0.3% in late morning trade as most sectors slipped lower. The Metcash Limited (ASX: […]
If you thought October flushed the sellers out of the market – you’re wrong. Novembers weakness would come out to bite as the market headed lower again throughout the month. Although more than half of the fall came on the last day! A total fall of -163points/-2.8% (from the close on 31 October) was seen, […]
Stock Metcash (ASX: MTS) $2.57 as at 29/11/2018 Event The supermarket & hardware name Metcash (ASX: MTS) has slumped today following soft outlook statements after a reasonable half result. The stock is trading down -6.7% at the time of writing. Commentary suggests the company has a rough ride ahead. Metcash grew sales in the grocery, […]
Really bullish, there's more to go in the reflation rally
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