Global markets were higher overnight with the US market rallying back to near all-time highs. The rally was experienced as Hurricane Irma weakened dramatically, and the expected financial losses shrank (at least in the US) which saw insurers and banks lead the market higher. This also saw the US dollar snap an 8-day losing streak.
At the same time, geopolitical tensions eased as North Korea refrained from any missile tests over the weekend.
Stock in Focus: A2 Milk (ATM.NZ / A2M.AX)
Shares in A2 Milk continued to defy gravity yesterday as the company hit a new all-time high and are now up +177% this year alone.
The milk marketer released a presentation from an investor conference in Hong Kong and reiterated the board is evaluating capital management alternatives. Among its options, A2 is looking at a s...
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