Rudi Filapek-Vandyck has been a journalist for nearly three decades, of which nearly two decades has been in finance. After successfully establishing a leading financial news service in Europe, Rudi moved to Australia where he founded FNArena, an online service dedicated to providing independent and unbiased market analysis. He has also develope...View more >
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FNArena has recorded 6 upgrades and 5 downgrades for ASX-listed stocks so far this week.
FNArena registered no less than 17 upgrades and 28 downgrades for individual ASX-listed stocks during the final week of the August reporting season.
14 stocks have been downgraded and 10 upgraded so far this week according to FNArena.
The busiest week of reporting season saw a huge week for broker upgrades and downgrades. Origin and Santos both enjoyed upgrades, while Brambles copped two downgrades.
14 ASX-listed stocks have been downgraded and 13 upgraded so far this week, with stockbrokers issuing both downgrades and upgrades for Newcrest Mining and NIB Holdings.
For the week, FNArena registered 24 upgrades being issued for individual ASX-listed stocks against 13 downgrades. Previously, the pendulum had been firmly in favour of more downgrades.