Thanks @shovel40, @Fiji1 and morning crew.
Half-time wrap:
The Australian share market was this morning on track to complete a five-session win run after Wall Street closed at a fresh 14-month high.
The ASX 200 climbed 41 points or 0.57% towards its strongest close in at least a week and a half. Utilities climbed 1.77% following a well-received trading update from AGL. Also strong were energy, tech and financials. Healthcare was the only drag as sector heavyweight CSL fell for a third day since Wednesday's profit warning.
Aussie shares have risen all week, boosted by Chinese stimulus measures and by growing confidence that US interest rates are at or close to a peak. Overnight, the S&P 500 and Nasdaq closed at 14-month highs. China's state planner this morning said the government would speed up major infrastructure projects to support economic growth.Personal trading: Sluggish morning. Bought the retrace in RR1 (a 20% pullback looked excessive). Buying a similar move yesterday afternoon paid off. Looking for a partial rebound today when the instos have sold enough. Chased a few others but didn't catch.
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Afternoon trading June 16
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