Hi welcome back, I am Sage and you are watching kalkine tv live from Sydney. This is the mid market pulse and lets get started with today’s mid market commentary.
Well, The market opened to weak set of cues coming in from the global markets. However, the market has pared some of its losses and at noon trading above the market opening levels. 7 of 11 sectors are trading lower. By lunchtime, the benchmark index ASX 200 lost just 8.30 points and traded at 7047. Continuing yesterday's momentum, A-REIT once again remained the best performing sector, followed by Telecommunications Services and others. Consumer Staples shares were under pressure and are at the bottom end of the winners and loser’s chart.