A2 Milk momentum continues to downside, as speculation continues regarding an upcoming global market index re-weight, which is reportedly due to be calculated this month.
Contact shares look attractive, trading on undemanding multiples with a healthy and growing gross dividend yield of 6.5%
Investors evaluated the level of ripple effect from a forced block trade for financial markets, with bank shares falling sharply amid warnings of potential losses from a hedge fund’s default on margin calls.
Telstra shares were up yesterday after the company reporting it expects its proposed legal restructure splitting the company into four divisions, expected to be completed by this December.
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