Australian
Market Report Monday 25 February – Strong
gains in early trading were reined in by disappointing
manufacturing data out of China, putting a damper on the
materials sector. However, the disheartening report was not
enough to quell investors’ spirit entirely. Consumer
discretionary and consumer staples delivered impressive
performance, with telcos, financials, and energy not too far
behind.
The All Ordinaries rose 36 points (0.71%) to
5,072.70 while the S&P/ASX 200 rose 37.70 points (0.75%)
to5,055.80. .. Read More
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