A-REIT Sector: Weekending Friday 20 July 2018
President Donald has copped a serve for his big suck up to President Putin. The free world is in a state of shock. The markets shuddered at the manner in which President Donald so publicly turned his back on the U.S intelligence agencies. But wait, within 24 hours the master of spin was sprooking it is all a big misunderstanding. He meant to say "wouldn't" instead of "would". It looks like President Donald was being nice to protect the source of funding for the Trump Industries which coincidently are Russian. It also seems that President Donald has major issues with his "wood, would and wouldn't" as, yet another young lady has emerged as being paid off US$150,00.00 to cover up a relationship with President Donald back when his missus was giving birth to their son. Former President Bill had a reputation for being a pants man but this bloke makes Former President Bill look like a saint.
The A-REIT sector has been tracking sideways now for 5 weeks, range bound between 1405 - 1440. The Relative Strength Index looks like the Sector is peaking and the MACD Index also looks bleak,. My hopes that the Sector is going to breakout upwards are somewhat diminished. I feel that the sector is due for a breakout, but .... Good luck.
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The A-REIT Table for closing prices for Weekending Friday 20 July 2018 follows:
The comparison table of this weeks closing prices versus last weeks closing prices follows:
Comments:
1. The shares listed in the tables above make up the ASX 200 XPJ A-REIT Property Sector.
2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 22 June 2018, can change from day to day due to active share buy-back programs and other factors.
3. The "Capital", "Earnings", "Distribution" and "NTA" figures have also been updated as at 22 June 2018. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA" also.
4. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.
5. The tables have been updated to include Charter Hall Long Wale, Viva Energy REIT and the change from Westfields to Unibail Rodamco Westfield.
Disclaimer: These tables may contain errors and should not be relied upon for investment decisions. As always, do your own research and good luck
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