Business
5 things to watch on the ASX 200 on Tuesday 19 January 2021
On Monday the S&P/ASX 200 Index (ASX: XJO) started the week on a very disappointing note. The benchmark index sank 0.8% to 6,663 points.
Will the market be able to bounce back from this on Tuesday? Here are five things to watch:
ASX 200 expected to rebound.
The Australian share market looks set to bounce back from yesterday’s decline. According to the latest SPI futures, the ASX 200 is poised to open 34 points or 0.5% this morning. This follows a largely positive night of trade in Europe on Monday. US markets were closed for Martin Luther King Jr. Day.
NAB rated conviction buy.
Goldman Sachs has been running the rule over the banking sector. It appears much more positive on the banks and particularly National Australia Bank Ltd…
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