Daily FNArena News

Volatility in global markets is taking its toll on investor confidence but broker advice is to be defensive and look to those Australian stocks which benefit from a lower FX rate.

While there remain details to be clarified, APRA’s first indication of pending increased bank capital requirements looks more like a win than a loss for the banks, brokers believe.

SG Fleet is well positioned to grow both organically and via acquisitions. Citi takes the opportunity to initiate coverage on the stock.

A quiet week in uranium markets saw spot and term prices unchanged from the week before.

Michael Gable of Fairmont Equities suggests technical patterns point to a potentially sharp rally for Westpac.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. JP Morgan has decided it’s time to be more upbeat about Cochlear Ltd, given the company appears to be taking back market share.

Have resource equities overshot? Potential for short term improvements in some metals prices but brokers subdued about the longer term.

Weekly Update on ASX-listed companies buying in their own stock.

Marketing will determine Caltex’ future earnings but brokers believe a special dividend may be a possibility.

Nick Linton-Ffrost of Fifth Wave suggests the ASX200 may see a rally back to 5800 from its current level before correcting once more.