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Fletcher Building (ASX: FBU) is one of New Zealand’s largest businesses, it’s a manufacturer, home builder, and partner on major construction and infrastructure projects. Some of its divisions include Building Products, Distribution, Concrete, Steel, Residential and Land Development, Construction, Australia.
It was another rough day for interest rate-sensitive sectors on the S&P/ASX 200 (ASX:XJO) on Tuesday, as the ASX 200 fell 0.3 per cent ahead of a cost of living focused Federal Budget.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.95% to 7,625.90.
Both the key Australian indices fell on Monday, with the S&P/ASX200 (INDEXASX: XJO) falling 0.3% and the All Ordinaries (INDEXASX: XAO) 0.4% with the technology sector the biggest detractor, down 2.8%.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.35% to 7026.50.
The CSR Limited (ASX: CSR) share price has snapped back from a recent decline. CSR manufactures and distributes building products in Australia and New Zealand.
The S&P/ASX 200 (ASX: XJO) weakened throughout the day on Tuesday as BHP (ASX:BHP) and Tabcorp (ASX:TAH) shares were in the news.
The S&P/ASX 200 (ASX: XJO) finished 0.3% lower on Wednesday. Commonwealth Bank (ASX:CBA) and Magellan (ASX:MFG) shares are in the news.
The Fletcher Building Limited (ASX:FBU) share price could rise today in response to a strong update from the property business.
The S&P/ASX 200 (INDEXASX:XJO) is expected to edge lower when the market opens on Thursday. Harvey Norman (ASX:HVN) and Fisher & Paykel (ASX:FPH) are in the news.
