Daily FNArena News

IT services group Oakton did it tough in FY09 but with demand improving and with the company restructured the outlook appears brighter.

The Westpac-Melbourne Institute Leading Index for Australia has continued its upward path in June.

Advertising play Photon Group announced an equity raising to address debt concerns but the move leaves broker opinion mixed.

The minutes of the August RBA monetary policy meeting were released this morning. The next rate movement will be up.

A study by Russell Investments shows a value investing approach has delivered excess returns on the Australian market, though periods of underperformance are to be expected.

The recent rally in equities has caused investment manager Janus Capital Group to question whether further gains are justified.

Leighton Holdings largely matched expectations with its profit result but brokers are now evenly split on the company’s prospects.

While Chinese demand is strong it isn’t enough to cut into current stockpiles.

Weekly musings from your editor. Commodities in a bubble? Yes, they are. But this doesn’t mean another Armageddon lies around the corner.

Your editor discovered he was more bullish on what is happening in the share market than one of the market’s better known bulls.