Global markets were lower on Friday, to wrap up what was a strong month were equities, with markets around fresh all-time highs.
This week's Stock Market Movers podcast is Fisher & Paykel, Burger Fuel, Moa & Greencross. To listen CLICK HERE.
Stock in Focus: Telstra (TLS:ASX / TLS:NZX)
TLS was up on their investor day presentation, despite reiterating operating earnings for the 2020 financial year would remain unchanged and about -7% lower than the previous year.
Soon after it prompted a number of brokers to upgrade their recommendation as they identified the Australian mobile market may have reached its turning point, and that Telstra’s dividend appears sustainable and relatively attractive with scope of growth in future - as Telstra lowers their capital expenditure. The competitive mobile industry is expected to have another challenging year for Aussie T...
