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ASX200 A.M Wrap 17 August 2018

Posted by Billy Macris on 17-Aug-2018 11:33:12
Currently in our local market the ASX200 is trading at 6,339.60 up 11.31 points or 0.18% with the telecommunication sector the largest percentage gainer higher by 1.70% with the likes of TPG Telecom and Telstra higher by 1.93% and 1.63%, respectively.

In equities, Ausdrill is the best performing stock rising 17% its most in two years after exiting a trading halt following deal to buy Barinco Holdings. Sonic Healthcare shares are down 3.5% after slowing earnings growth, Origin Energy has been downgraded to neutral at Credit Suisse whilst Telstra received an upgrade to a buy rating at HSBC.

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Topics: ASX A.M Wrap

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