Australian
Market Report Monday 3 December – Strong
Chinese data shifted the focus from the weak job ads and
weaker than expected retail sales figures. Punters are now
betting on a cut in interest rates, which will further
bolster sentiment. Among the sectors, healthcare, telecoms
and discretionary retailers did the best and utilities and
consumer staples posted minor losses.
The All Ordinaries
rose 22.0 points (0.49%) to 4,540.0 while the S&P/ASX 200
firmed 25.5 points (0.57%) to 4,531.5... Read More
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