Author: james Carter
The ASX200 had another strong day led by heavyweights BHP Billiton (BHP) and Commonwealth Bank (CBA), although closed down -2 points at 5,496 as a result of National Australia Bank (NAB), Macquarie Group (MQG) and Westpac Bank (WBC) all going ex-dividend, an equivalent to a -20 point reduction in the index.
Overseas markets show their hand: how about Australia?
The ASX200 opened strongly as expected, given all-time highs again hit in the Dow overnight, up +56 points at one stage to close up +50 points.
Nickel prices are the highest in two years as Iron Ore softens, switch?
The ASX200 had an unusual open, only to normalise and close down 12 points.
Oil price remains stable despite building tensions between the Ukraine and Russia. What about the oil stocks?
The ASX200 was sold off early in the session, only to recover throughout the afternoon to close -15 points to 5,461.
***NAB Reports 1H cash profit of $3.15b and interim dividend of $0.99**
The ASX200 followed overnight leads, closing +41 points at 5,476 and recovering most of yesterday’s losses.
Tech-heavy NASDAQ is leading an equities correction.
Really bullish, there's more to go in the reflation rally
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