Building Material & Const

Aldi expands market share; Australian equity becoming expensive; more normal housing market developing; aged care prospects; Nanosonics establishes Trophon; global supply tightness in salmon.

CSR delivered a credible FY16 result, brokers contend. Yet, while building demand extends for another 12-18 months, several believe the going is as good as it gets for CSR.

Hospital industry outlook; Vic gaming data; Morgan Stanley initiates on Pacific Smiles; US new home sales soften.

Uneven earnings growth; China’s new tax policy; Cement Australia up for sale?; household income outlook; Bell Potter initiates on Adacel; Morgan Stanley initiates on four automotive related stocks.

Prospects for global GDP; resources rally; Queensland building conditions; gambling sector outlook; consolidation in the consumer electronics segment.

Morgans assumes coverage of paint and hardware manufacturer, Dulux, believing the company’s strong brand profile will enable it to weather any downturn in the housing market.

Reporting season reasonable so far; Goldman revamps focus list; dry grocery deflation; talk on tax reforms; outlook for apartment building.

Fletcher Building will acquire private NZ road builder, Higgins Group, cementing and adding to its position in the construction and infrastructure market in the South Pacific.

Hospital usage and MBS review; insurer recovery; major bank exposures to oil industry; earnings season outlook for building materials; and Bell Potter initiates on Temple & Webster.

Torrid time for selfies; changes in franking ranks; US housing hits a bump; bank capital rules; flagging investor appetites; the Paris agreement impact on renewables.