Market Matters Afternoon Report
What Mattered Today
Another soggy session to end a pretty difficult week for markets with the local index down 2.7% on the week – with today being the third straight day of declines. It’s still those defensive type names that are feeling most pain with the likes of Sydney Airports (SYD) down another 9.39%, Transurban (TCL) down -4.03% and Westfield (WFD) off -4.03% since Monday.
For our own portfolio, we’ve turned more neutral/ negative increasing cash levels accordingly. We’ll cover our comprehensive views (as always) in our Weekend Report on Sunday.
On the market today we had a range today of +/- 50 points, a high of 5311, a low of 5261 and a close of 5283, off -11pts or -0.22%. Value was big again with over $6bn traded.
Have a great weekend.
ASX 200 Intra-Day Chart
ASX 200 daily chart
Sectors
ASX 200 Movers
Select Economic Data - Stuff that really Matters in Green
What Matters Overseas
FUTURES mixed….
All figures contained from sources believed to be accurate. Market Matters does not make any representation of warranty as to the accuracy of the figures and disclaims any liability resulting from any inaccuracy. Prices as at 28/10/2016. 4.30PM.
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