Sector Update 22.10.12 to 26.10.12
Bank earnings are out and the sector had profit taking in the past week, same goes for telco’s post the 3G auction its been a sell on fact for most market participants. Combine all this with continued rubbish economic news out of Europe (its going to go on and on and on and on for donkey years) and the market had a rubbish week. Only bright light? Agri sector, finally!