Miners, money and milk – what nabtraders were buying this week.
Gemma Dale is Director of SMSF and Investor Behaviour at nabtrade.
Miners, money and milk – what nabtraders were buying this week.
The bulls and bears continue to tussle over the direction of the market in an attempt to make heads to tails of an overseas energy crisis and Australia's imminent reopening of its highly populous eastern states.
After a month of relative quiet, investors have found plenty to take their interest this week.
A downturn in the Chinese property market will reduce demand for steel and iron ore, but Australia's big miners remain the most traded stocks of the week.
Fortescue Metals Group, BHP and Rio Tinto are amongst the biggest trades for investors this week.
Westpac was a strong buy yesterday along with the other major banks, while Fortescue remains the most bought stock of the week.
To say the interest in Fortescue remains strong is a stunning understatement, while BHP also remains a strong buy with investors.
Here's how investors are trading the big miners and the major companies that have reported this week including A2 Milk, Appen and Kogan.
Cashed up investors have been seeking to beef up their portfolios by buying favoured stocks on weakness.
Here's how investors have responded to this week's results from the Commonwealth Bank, Telstra, AGL and more.
Cash holdings are at record highs as trading activity starts to pick up. Here's what investors have been buying and selling this week.
With reporting season looming, many investors are holding onto their existing portfolios.