Market Update 01/06 – 12/06
What has really changed in the week I was gone? Nothing. It’s still the same issues, earnings growth, uncertainty over infrastructure spending (or the slowness of it) and whether or not Greece will have the $ to pay back its loans. The most interesting movements sector wise is how badly financials have performed but no surprise on seeing industrials on being one of the best performers this year with the oil price movements.
PETERPOP
Welcome back
Big correction in MAJOR stock due to MERS fear I suppose…..BUY?
When will SCP get going?
WEH inside information please
Pon
MAJOR – expensive as well, not surprised by the decline
SCP – whenever the infrastructure projects that require their products are up and running
WEH – Just read the news and understand that it takes time to close a USD 1.3 bn deal.