Large cap stocks deliver robust results

By Justin Still
Updated March 7 2017 - 11:06am, first published 10:38am
Justin Still
Justin Still

Similar to the August 2016 reporting season, the market’s most important large cap financial and industrial stocks delivered robust results, albeit with notable exceptions (Brambles, Telstra). Outlook statements from the market leaders were again broadly cautious. Aside from stellar results delivered by the miners as expected, the story of reporting season was the rotation back into the large cap stocks which were the laggards of 2016. 

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