Recent Commentary
Buy, Sell, Hold – what the brokers say 23/4/15
Fairfax was upgraded this week, and so was Fortescue, while oil price adjustments dominated the downgrades.
A five-and-a-half year high
The national auction clearance rate hit a five-and-a-half-year high as Sydney recorded its highest rate ever.
Buy, Sell, Hold – what the brokers say 16.4.15
Broker activity focused on the resource sector again, with an upgrade for Suncorp and a downgrade for BHP.
Property recovers from Easter lull
Buyers were back in the market again with the national auction clearance rate approaching 80% over the past week.
Buy, Sell, Hold – what the brokers say
It was slow short week in which ASX, Oil Search and Resmed all got upgrades, while Aristocrat Leisure and BT Investment Management were downgraded.
Long weekend sees an $11 million property sale
Auction clearance rates were predictably low over the Easter long weekend but that didn't stop the big spenders with a number of multi-million dollar sales over the last week.