Daily FNArena News

Commodity investors remain bearish, particularly on nickel, but there are signs some prices could edge higher. Meanwhile, cost pressures are seen easing for the big energy stocks.

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

FNArena reports and tabulates the “beats” and “misses”, the broker ratings and targets changes, and the company outlooks on a daily basis as the reporting season progresses.

Flush with acquisitions, Austbrokers delivered what brokers saw as a solid FY13 result, paving the way for a firm FY14.

Peter Switzer of the Switzer Super Report discusses the implications of Fed tapering on global markets.

Indonesian ore export quotas change, European metals demand forms a base while gold, iron ore prices may be stabilising.

FNArena reports and tabulates the “beats” and “misses”, the broker ratings and targets changes, and the company outlooks on a daily basis as the reporting season progresses.

The first half results did not please brokers as the company is struggling under a mountain of debt and needs to refinance.

Michael Gable of Fairmont Equities suggests the Australian market is looking good at present but is threatening another pullback to below 5000.

The fallout from a withdrawn buy order has dissipated leaving spot uranium steady with no net change to prices last week.