The Woolworths share price, surprisingly, kept its head above water today. This morning, it opened up at $24.44. It closed up 1.56% at $24.76.
It’s been a pretty bad day for Crown Resorts [ASX:CWN] shareholders. CWN is down 1.09% at $9.96. It’s lost nearly 14% in the last month . And over 21% YTD.
Overnight, Bill Gross posted an outlook decrying the tough conditions for individuals saving money. Conditions that aren’t sustainable in the long term.
A new opportunity has opened up to Aussies interested in crowdfunded property. Popular US based platform Fundrise is now accepting Australian investors.
The Brickworks share price opened down this morning, from yesterday’s close of $15.39. As at 10:43am it’s trading down 2.08% at $15.02. Brickworks released its FY15 results this morning.
Australia’s majors, once the darlings of retail investors and institutions alike, have hit the skids. But plenty of analysts think there’s value to be had.
The Caixin Flash China General Manufacturing PMI is at 47.0 for September. That’s down from 47.3 in August. This is the lowest it’s been since early 2009. Output, new orders, new export orders, employment, output prices, and quantity of purchases are all down.
At 5pm yesterday, the Aussie dollar was trading at US$0.7155. But early this morning, it dipped to $0.706. Probably because of falling commodity prices.
Crop protection chemical maker Nufarm [ASX:NUF] has had a relatively good year. The Nufarm share price is about halfway to recovering from heavy losses sustained post-GFC.
The ABS has released the latest stats on residential property prices. Average property prices are up 9.8% over the year, and up 4.7% over the quarter to June.