Author Archive for: Danial Moradi

Entries by Danial Moradi

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August 2021 – Reporting Season Insights

In this video, Dan Moradi, Portfolio Manager for Listed Products, provides an update on the Australian equity market following an interesting August reporting season and takes an in-depth look at how various sectors and companies performed. The August reporting season was strong, highlighted by a very strong rebound in earnings as we cycled through the […]

Quarterly Update – Lonsec Listed Managed Portfolios

The positive market momentum continued over the June quarter, leading to historical returns over the financial year, with the S&P/ASX benchmark returning 28% over the past 12 months. The Listed portfolios’ bounced back strongly this year, driven by solid performances from Australian & Global Equites and Listed Property. Dan Moradi, Portfolio Manager for Listed Products, […]

How COVID-19 has reshaped Australian households and businesses

The shockwaves caused by the COVID-19 pandemic are still being felt across the economy with extreme readings observed across various economic indicators over the June and September quarters. These include a spike in the unemployment rate to 7.5%, a 7.0% decline in GDP, and a 12% decline in household spending over the June quarter. In […]

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Reporting Season Update, 17-21 February 2020

The strength of equity markets during 2019 and the start of 2020 saw an increase in valuation premiums in the market resulting in a number of sectors trading at record highs. But the reporting season outlook has been impacted by a slowing global economy, the devastating bushfires across Australia and the coronavirus, elevating the risk profile of […]

The coronavirus outbreak and the impact on financial markets

The outbreak of the coronavirus in over 28 countries has sent shockwaves through global financial markets over the past fortnight with increasing levels of uncertainty and misinformation evident across a number of regions. While there are many unknowns regarding this outbreak, there is likely to be continued disruption to economic activity ahead, which is unlikely […]

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August 2019 Reporting Season Insights

The Australian equity reporting season was weaker than expected with a third of companies having their FY20 earnings downgraded. At the sector level, Healthcare and Resources had impressive results whilst the Financials sector reported poor earnings. Dan Moradi runs through the key themes that emerged over the reporting season.

How reporting season shaped the market

The Australian equity market reacted positively to the February reporting season, providing a relief rally after beating the market’s pessimistic expectations. But while results were not as weak as feared, it has generally been a tough environment for earnings, with more company downgrades than upgrades. In absolute terms, earnings expectations for FY19 have been tracking […]

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