Sunday, 27 October 2013

S&P/ASX 200 Market Update - October 28, 2013

  • Australian market is off to a flier start this week and it has already crossed 5400-mark as blue chip stocks are driving the market higher.
  • Quick glance at the region's markets:
  • Nikkei: +1%
  • Hang Seng: +0.5%
  • Taiwan: +0.6%
  • South Korea: +0.2%
  • Singapore: +0.3%
  • New Zealand: +0.6%
  • Today, all three big banks namely: CBA, ANZ and WestPac are at all time peak levels. While NAB is touching 12-month high.
  • Blue Chips are looking good today:
  • BHP: +1.2%
  • Rio: +1%
  • ANZ: +1.3%
  • CBA: +1.2%
  • NAB: +1.6%
  • Westpac: +1.3%
  • Fortescue: +2.1%
  • Woolworths: +1.1%
  • Wesfarmers: +1.1%
  • Telstra: +1.4%
 ASX 200

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