Trade Alert – International Equities Portfolio
We are making changes to the International Equities Portfolio overnight.
The ASX200 surged +1.7% on Monday on broad-based buying and a classic Christmas absence of selling; it’s a shame we’d previously corrected over 5% from the all-time high earlier in the month, taking the index down to a fresh 3-month low on Friday. Monday saw over 90% of the main board close higher, but the financials and mining stocks led the advance, delivering the local markets’ best day since the end of July.
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