Daily FNArena News

Craig Parker of Moat Capital suggests the ASX200 is looking to break out but as to how far it can run is unclear.

ASX has decided to replace its CHESS system with a distributed ledger technology. While this has potential to create new revenue opportunities, broker suggests it will be some time before these become evident.

Waste management and recycling business Bingo Industries has picked up several acquisitions to further expand its services and brokers suggest it is well primed to stay ahead of the competition.

Demand for new houses and land across the major centres of population in Australia is likely to start easing, BIS Oxford Economics suggests.

The decision by OPEC and allies to continue limiting production until the end of 2018 has provoked a review of the outlook for oil and, by association, Australian gas prices.

Peter Switzer of the Switzer Super Report suggests stocks he would buy on the passage of Trump’s tax bill.

The Chartist suggests its best to avoid buying National Bank or the banks in general for the moment.

Metcash has a net cash position and will contemplate capital management. Nevertheless, brokers have mixed views on the ability to turn around the supermarkets business.

A slump in occupancy and higher costs have driven G8 Education to downgrade earnings. Many brokers consider the drop in the share price presents an opportunity.

Michael Gable of Fairmont Equities notes that after a solid run, Monadelphous looks set for a pullback.