Weekly Reports | May 04 2018
This story features WESTPAC BANKING CORPORATION, and other companies. For more info SHARE ANALYSIS: WBC
For a more comprehensive preview of next week's events, please refer to "The Monday Report", published each Monday morning. For all economic data release dates, ex-div dates and times and other relevant information, please refer to the FNArena Calendar.
By Greg Peel
At this early stage it looks like momentum has subsided and the Friday blues have set in for the local market, following a very strong run up to 6100. But we’ll wait and see.
Thereafter we have the US jobs report tonight, which can potentially lead to upheaval.
Next week is another busy one on the Australian corporate calendar, providing for micro potential.
Earnings reports are due from Westpac ((WBC)), Orica ((ORI)), CSR ((CSR)), Incitec Pivot ((IPL)), BT Investment Management ((BTT)), Xero ((XRO)) and Graincorp ((GNC)).
Quarterly earnings are due from Janus Henderson ((JHG)) and News Corp ((NWS)) and quarterly updates from Goodman Group ((GMG)) and REA Group ((REA)).
AGMs will be held by HT&E ((HT1)), Caltex ((CTX)), Genworth Mortgage Insurance ((GMA)), Sino Gas & Energy ((SHE)) and Oil Search ((OSH)).
Oh yes, and AMP ((AMP)). Remember that scene in the Blues Brothers where the band performed behind a cage?
Investor days will be hosted by WorleyParsons ((WOR)) and Stockland ((SGP)).
Local economic data releases include ANZ job ads, the NAB business and Westpac consumer confidence surveys, retail sales and housing finance.
On Tuesday night the Federal Budget will be brought down.
It’s a quiet week for US releases, but it does include the PPI and CPI, with inflation firmly in focus.
China will release trade and inflation numbers.
The UK is closed on Monday and the Bank of England meets on Thursday, in the wake of a very weak GDP result.
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CHARTS
For more info SHARE ANALYSIS: AMP - AMP LIMITED
For more info SHARE ANALYSIS: CSR - CSR LIMITED
For more info SHARE ANALYSIS: GMG - GOODMAN GROUP
For more info SHARE ANALYSIS: GNC - GRAINCORP LIMITED
For more info SHARE ANALYSIS: HT1 - HT&E LIMITED
For more info SHARE ANALYSIS: IPL - INCITEC PIVOT LIMITED
For more info SHARE ANALYSIS: JHG - JANUS HENDERSON GROUP PLC
For more info SHARE ANALYSIS: NWS - NEWS CORPORATION
For more info SHARE ANALYSIS: ORI - ORICA LIMITED
For more info SHARE ANALYSIS: REA - REA GROUP LIMITED
For more info SHARE ANALYSIS: SGP - STOCKLAND
For more info SHARE ANALYSIS: SHE - STONEHORSE ENERGY LIMITED
For more info SHARE ANALYSIS: WBC - WESTPAC BANKING CORPORATION
For more info SHARE ANALYSIS: WOR - WORLEY LIMITED
For more info SHARE ANALYSIS: XRO - XERO LIMITED