Two brokers jump into the ring to fight out the argument as to whether Australian banks are in a dangerous price bubble or are still offering relative value support.
RBA rate uncertainty is driving derivative volumes but otherwise higher share prices are masking lower revenues for the ASX.
Tox Free has extended its reach in the industrial and commercial waste segment. Brokers are cautious, given the competitive nature of the new businesses.
A wrap of the day’s activity on the Australian stock market.
ANZ played right into the market’s hands yesterday with an increased dividend but is the market’s response justified? And what might the implication be for the other big banks, yet to report?
Adelaide Brighton used a site tour to herald flat earnings for FY13. Brokers weigh up the positives and negatives.
A wrap of the day’s activity on the Australian stock market.
Tabcorp has updated the market on third quarter results and brokers are taking an each-way bet.
In the wake of Woodside’s special dividend and increased payout, and following another asset sale from BHP, stockbrokers continue to downplay any talk of special dividends or the like from the big diversified miners.
A wrap of the day’s activity on the Australian stock market.