Investor Insights: 2021’s great rotation of value and growth sectors
Get the Insights >
Mid-Session Report
21 Apr 21, 11:00am (AEST). Aussie shares are slipping for a second day following similar declines in the United States, with the ASX 200 index down 0.8 per cent to 6,960.9. This is enough to drag the market back below the 13.5-month high hit on Monday. PREVIOUS REPORT
Chinese economy on record growth
16 Apr 21. The Chinese economy (GDP) expanded by 0.6 per cent in the March quarter. GDP grew at a record 18.3 per cent annual rate in the March quarter from a year ago.
Job bonanza
15 Apr 21. Employment rose by 70,700 in March after increasing by 88,700 jobs in February. Full-time jobs fell by 20,800 and part-time jobs rose by 91,500 positions. The number of people employed rose to a record high of 13.078 million.
Luxury vehicle market share lift
20 Apr 21. Luxury vehicle sales now represent just over 12.5 per cent of total new vehicle sales – a record high. Porsche sales are at 3-year highs.
Consumer views on the economy lifts
20 Apr 21. Consumer views on ‘current economic conditions’ lifted 2.0 per cent last week to a 20-month high of 8.2 points.
Petrol prices ease for school runs
19 Apr 21. Last week the national average price of unleaded petrol fell by 1.6 cents a litre to 142.8 cents, according to the Australian Institute of Petroleum.
Business conditions hit record high
13 Apr 21. The NAB business confidence index fell from an 11-year high but the business conditions index lifted to a record high of +25.2 points in March.
Car sales soar 22 per cent
7 Apr 21. Vehicle sales are bouncing back after Covid-driven supply shortages. SUVs and Utes are the wheels of choice, accounting for 8 of the top 10 vehicles sold.
The Week Ahead
16 Apr 21. In the coming week, minutes of the last Reserve Bank (RBA) Board meeting are issued. Preliminary retail trade data and purchasing managers’ indexes of services and factory activity dominate the data docket. LISTEN TO PODCAST
2021’s great rotation of sectors
14 Apr 21. As the global economy transitions aftermath of the pandemic, investors have begun rebalancing their portfolios, driving one of the biggest market rotations.
Biden’s infrastructure spend and its impact
1 Apr 21. The US Administration has revealed plans to spend US$2 trillion to revitalise the country’s ailing and neglected infrastructure over eight years.
Positive news and potential pitfalls
20 Apr 21. Australia’s economy is booming, but this could lead to overconfidence and present a problem in the short-to-mid-term should the economic situation change.
Market insights
Get free live market data and start trading today
Important information
This data is provided for information purposes only. Any reliance on this data when deciding to buy/sell stocks is at your own risk and CommSec is not liable for any losses you may incur. Data is sourced from third party providers and may be delayed. CommSec does not give any representation or warranty as to the reliability, accuracy or completeness of any third party material nor does it accept responsibility for errors or omissions in third party material. Past performance is no guarantee of future performance. Any forecasts, projections or other predictive statements represent the views of the relevant analyst based on assumptions and expectations available at time of publishing and may change without notice. CommSec is not responsible for, and does not endorse, the comments of any company representatives interviewed or the performance of their respective companies. Any comments about a specific company are not intended to be construed as a recommendation. Investing in derivative products carries significant risks and is not suitable for all investors. You must consider the relevant CommSec Product Disclosure Statement and terms and conditions before trading in these products. Charts display historical prices that may have been adjusted for corporate action activity. Adjusted prices may differ to actual historical prices when looking at a stock's course of sales or historical closing prices. You may not copy, reproduce, distribute, display, sell or in any way exploit this data. Third party provider disclosures here.
