Afternoon trading June 30

Thanks @shovel40, @Fiji1 and morning crew.

Half-time wrap:

The share market overcame early weakness as the clock wound down on the financial year.

The ASX 200 flipped a 29-point mid-morning loss into a mid-session gain of 0.03%. Strength in resource stocks, utilities and tech companies offset weakness elsewhere. Borrowing-dependent property stocks were one of the biggest drags following an uptick in US market rates overnight as the odds on an interest rate hike next month strengthened.

The morning's most significant economic report showed Chinese factory activity continued to contract this month, but at a slower rate. The manufacturing purchasing manager's index ticked up to 49 from 48.8 in May. Readings below 50 indicate shrinking activity. Non-manufacturing activity continued to expand.

Personal trading: Some days you sit all day waiting for a trade, and trade don't come. If this gets any slower, I'll fall into a coma.