Monday, 12 October 2015

Breakfast briefing: Monday, October 12

The financial sector, recently a weak performer in the stock market, will garner the majority of investor attention this week as a number of big banks post their quarterly results.

Financial companies are expected to show earnings growth of 8.4%, behind only telecoms and consumer discretionary companies in expected growth for the quarter.

However, that growth is down from the 14.8% expected at the start of the quarter, and down by half from the 17.8%t growth expected at the start of the year.


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