Daily FNArena News

Michael Gable of Fairmont Equities notes despite the odd rebound, technically Afterpay Touch is not looking positive.

Consistent with industry data, Automotive Holdings has signalled a slowdown in new car sales in the first four months of FY19.

Removing discount-driven promotional activity at the end of FY18 has had a positive impact on footwear retailer Accent.

Craig Parker of Moat Capital notes the 5650 level in the ASX200 effectively held last week but the risk is of a retest.

Wodgina, the hard rock lithium project, has found the global spotlight as Mineral Resources announces a JV proposal from Albemarle.

FNArena is launching a new addition to its news service; ESG Focus. Editor Rudi Filapek-Vandyck explains why.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. The core business of Carsales.com is solid, the long-term opportunity significant, and brokers believe the discount in the share price is unwarranted.

The Chartist reports the lithium price may have put in a low but this will need to be confirmed as the trend remains weak.

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

While life sciences margins surprised to the upside in the first half, brokers are unsure whether ALS Ltd can sustain these comfortably over the longer term.