ASX 4-week low, housing slow-down effects FBU: Aus shares 0.8% lower at noon
20 Nov 2018 – Mid session report. ASX hits four week low. Coles demerger of Wesfarmers (ASX:WES) is effective. UBS says WES to see more volatile cash flows. Technology One (ASX:TNE) sees 9th revenue and profit rise. Fletcher Building (ASX:FBU) shares hit 6-year low as earnings to drop after Aus’ market cools.
Source: Finance News Network