ANZ +1.3%: Quarterly trading update today for ANZ so light on detail, however their earnings were a slight beat to expectations driven largely by solid trading revenue and another period of low bad debts.
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The bank in the spotlight is clearly ANZ which recommences trading on Thursday and while we’re confident it will have no issues raising the $3.5bn under $19 the big question is where will the stock re-open, anything under $20 looks attractive and especially sub $19.50.
ANZ -1.92%: the second bank out with a trading update, ANZ disappointed on most fronts, weighing on the financials sector.
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