the COB: oversold opportunities скачать в хорошем качестве

the COB: oversold opportunities

A decline in commodity prices dampened investor sentiment during Thursday's trade, causing the materials sector to retreat and pulling the S&P/ASX 200 down 0.43% to 8,889.20 points. BHP shed 3.9% along with Northern Star Resources dropping 4.6% as gold and oil prices continued their retreat. As a whole, the materials sector finished the day down 3.1%, leading losses after Wednesday's impressive gain. Elsewhere, Rio Tinto has reportedly pushed to hold both the chief executive and chairman roles if it merges with rival Glencore. With the deal ‘hanging in the balance’, the miner slid 1.4%. In company news, Beach Energy’s half year profit dipped, with revenue remaining flat at $1 billion. The oil and gas production company dropped sharply in the morning to round out 4.4% lower by market close. While elsewhere, APRA has eased the liquidity restrictions on Macquarie Bank. Despite the progress, the bank edged lower down 0.7%. Among the gainers, Xero climbed 1.6% following yesterday's selloff, as well as Amcor which rose 6.7% on the back of adjusted Q2 earnings. Tonight, the US Services PMI is set to be released along with earnings from Amazon and Shell.