Afternoon trading May 1

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    Thanks @shovel40, @paddington bear, @Fiji1 and morning crew.

    A second day of gains for the Australian market, with the market holding well despite background risk events (First Republic Bank rescue, central bank rates decisions here tomorrow and in the US on Wednesday). At the halfway mark, the ASX 200 was ahead 48.5 points or 0.66%.

    Energy and healthcare were the pick of the sectors. Materials gave up most of its gains after a positive start (soft Chinese factory data released over the weekend).


    Personal trading: Can't say I really fronted up today. My commitment seemed to embrace the Queensland holiday. Been well off the pace all morning. Distracted by other issues.

 
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