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Global bonds & US equites retreat, McMillan outperforms: Aus shares 0.9% lower at noon

21 Aug 2019 – Market volatility the new norm, US treasury yields falls, along with most global bonds, dragging down global equities. Gold stocks rally, SAR up 2.5%. BHP’s (ASX:BHP) result a modest miss but FY20 should be brighter, PT of $39.00. Crown Resorts (ASX:CWN) profit down 28% on VIP revenue down 26%. McMillan Shakespeare (ASX:MMS) profit and revenue rise on outperforming the novated lease market.

Source: Finance News Network

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