Skip to Content

Australian Investment Blog

Afternoon Report 23/02/2015

Afternoon Report Monday 23 February 2015

**Today, subscribers received a live alert with switching a portion of our holding into another. Please see the live alerts today**

• The ASX 200 closed 26 points (+0.5%) higher at 5,908, following Greece’s debt extension last Friday and after a broad market sell off this morning.• Yield remains to be the theme, Commonwealth Bank (CBA) closed 20c higher at $90.41.• Reporting season standout wrap 23 February 2015:

o Bluescope (BSL) - down 8.11% at $0.45 despite posting better than expected half year earnings. We see better risk reward elsewhere.o Caltex (CTX) beat its own guidance, closing 0.5% lower at $36.61; however it seems that this was factored in investor’s numbers.o UGL closed 5.6% lower at $1.85 after reporting a first half loss of $122.5mln.


Show more...

You need to be a member to view this article

REGISTER FOR FREE INSTANT ACCESS


Already a member? Login Here

Back to top