Australia…One Hour In…ASX down 15 points

By Scott Phillips | More Articles by Scott Phillips

ASX200 down 15 points (0.2%) to 6663.

 

  • Novonix (-5.3%); seeing broker downgrades after a stellar run.
  • Oil;  the Black Gold / Texas Tea keeps rallying on OPEC production cuts.  BPT +4.4%  OSH +3%  STO +2%  WPL +3.25
  • Premier Inv (+15%);  Trading update.  Expects 1H earnings +75%-85% on pcp.
  • Universal Store (+12.5%); Trading update.  Flags 1H profit +61-67% on pcp.

 

………and 1200 tennis players start to arrive in Melbourne from overseas from tomorrow.      What could possibly go wrong ?

Scott Phillips

About Scott Phillips

Scott has over 35 years experience in Australian equities, starting as a “chalkie” and trader on the Stock Exchange Trading Floor and spending the last 25 years advising and trading for International Institutions. He has been an Executive Director at JPMorgan and Nomura, a Governor of the Australian Stock Exchange and was recently awarded a Lifetime Achievment award by the Australian Stockbrokers Association.

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