Consumer Discretionary

Following the sale of the last of Wesfarmers’ insurance business, brokers speculate as to whether the proceeds will be used to fund acquisitions, or shareholder returns, or possibly both.

Michael Gable of Fairmont Equities sees local opportunities provided by Wall Street weakness. JB Hi-Fi has broken to the upside.

Myer/DJs merger numbers not shaping up, Oz business confidence and credit, Oz household consumption, Oil Search and Taza, and the euro’s robust rally.

Kathmandu has weathered a weak retailing climate well, according to brokers. The longer-term focus is now a global push spearheded by online services.

Transition from mining investment, where the jobs are, subdued transport, impact of baby boomers on credit and retailer prospects.

Automotive Holdings will expand its footprint in logistics substantially, while adding another car dealership to its stable.

Collins Foods has acquired Competitive Foods and Moelis takes a look at what this means for the company.

Travel stocks, discretionary retailers and housing-related retailing are all looking much more positive but brokers are still being selective.

New retailers are coming to Australia, house prices are going up but so is unemployment. Telcos grow and churn while headwinds increase for Chinese exports.

Michael Gable of Fairmont Equities looks for signs market star Domino’s Pizza is overbought and set for a fall.