Buy, Hold, Sell – What the Brokers Say

Founder of FNArena
Print This Post A A A

Investors wondering as to why the Australian share market has found adding more gains a tough ask since mid-February need not look any further than at last week's tally for recommendation upgrades and downgrades by the eight stockbrokers monitored daily by FNArena.

For the week ending Friday 5 April 2019, FNArena registered only four upgrades, and three of those stopped at Neutral/Hold. There were nine downgrades, and four of those went to Sell.

One week is not a great indicator, but within the context as is, this one might prove its value to prove a point: right up here, many stocks start suffering from a lack of oxygen.

Take a free trial or log in to continue reading

Also from this edition