Indices: Australian ASX 200
We’ve started off the first full week of April with a small +0.3% advance courtesy of broad-based gains offsetting a tired looking Banking Sector although the miners and utilities stocks continued to shine as they have through most of 2022 – if the market remains in sync with our roadmap for the year we see no reason to anticipate a significant change in relative sector performance until we do find an…
The ASX200 again outperformed most global indices last week managing to rally while others struggled under the weight of rising bond yields and generally negative news from Ukraine. Seasonally we’re coming into the 2nd best month of the year, just behind December, through 2022 MM has maintained a net bullish & “buy the dip” stance which has worked nicely, and very short-term the market still…
