Daily FNArena News

Jonathan Barratt of Barratt’s Bulletin discusses why rumours of gold’s demise are likley exaggerated.

The Chartist reports Wesfarmers is nearing technical resistance, suggesting profit-taking is advised.

Coca-Cola Amatil delivered modest profit growth, increased market share and warded off its competitor, but brokers want to see a more consistent performance.

A wrap of the day’s activity on the Australian stock market.

McMillan Shakespeare has produced a strong first half and brokers expect more of the same is on the way.

With resource sector capex peaking, so too is the earnings trajectory for Monadelphous. After an extraordinary share price run, at least six broker downgrades have followed the company’s result announcement.

FNArena’s weekly update on short positions in the Australian share market.

Amcor provided a strong first half and brokers were positive about the company’s plans. Nevertheless, some see the share price getting a bit too far ahead.

A wrap of the day’s activity on the Australian stock market.

Westpac and NAB will both issue high-yield hybrid securities next month. Investors need to be fully aware of how they stack up against other opportunities.