The Match Out: ASX stalls as investors await Reporting Season
The ASX 200 plateaued today, failing to push to new highs despite a solid session overnight in the US, though there was no clear push in either direction after recent strength.
The worst of it was seen in early trade today with the ASX off ~100pts at the lows, but some buyers emerged throughout the session, particularly amongst the recently weak Staples while Healthcare stocks also attracted some attention from early lows, Ramsay Healthcare (RHC) for example rallied 3% from the depth of despair this morning! It felt like a tough week, and given only 2 sectors finished in the black, the selling was fairly broad-based, however, it was far from aggressive (ASX -0.5% for the week) and there were plenty of stocks that did well.
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