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Morning Bell 6 April
The Aussie share market opened 2.1% higher in the first 30 mins of trade erasing Friday’s 1.7% loss. The energy sector is leading the advance today as it did last week on hopes of an oil price truce between Russia and Saudi Arabia.
What to watch this week economically and ASX upgrades/downgrades to watch as well including Ramsay Health Care (ASX:RHC) Graincorp (ASX:GNC), WiseTech (ASX:WTC). Companies cutting costs: McGrath (ASX:MEA), HT&E (ASX:HT1), Southern Cross Media (ASX:SXL). Meanwhile, Dexus (ASX:DXS) forms JV to buy Rialto Towers in Melbourne.
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