Month: February 2019
Stock James Hardie (ASX: JHX) $15.80 as at 5/02/2019 Event James Hardie’s 3rd quarter result was closely watched this morning following the downgrade by peer Boral (ASX: BLD) yesterday. So far the market has liked the release, with the share price for James Hardie trading up +4.5%, but going as high as 6.5%, to trade […]
The market has bounced back from a slow start today, after any early slump the ASX/S&P 200 (ASX: XJO) traded briefly below the 5850 level before bouncing strongly to the current 5892 level, around 0.5% above Fridays close. The banks have lead the rebound with Westpac (ASX: WBC) the best performer, adding 1.83% to $25.08 […]
Stock Boral (ASX: BLD) $4.60 as at 4/02/2019 Event The fall from grace of building materials company Boral continued today as the stock slides over 6% early in the session. The further weakness in the share price comes as Boral updated the market on their expectations for FY19. Despite record levels of infrastructure spend locally […]
Stock Reliance Worldwide (ASX: RWC) $4.65 as at 1/02/2019 Event Plumbing product manufacturer Reliance slumped today, giving back some of the strong rally it experienced this week. Reliance had been bid up in anticipation of the material upgrade coming, driven by the big freeze that has encompassed the US. The company however reaffirmed full year […]
Really bullish, there's more to go in the reflation rally
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