22 August 2018

Weekly Insights From The FNArena News Desk 20/08/18

One prediction made prior to the August corporate reporting season in Australia has proved to be 100% accurate: volatility has spiked into both directions on the back of corporate performance releases.

Making matters a little more complicated for investors, is that share price responses on day one are not necessarily indicative for what follows next. Take JB Hi-Fi ((JBH)), for example. Its FY18 release was first met with share price weakness, but on the second day the shares rallied by 10%+ and they have been creeping higher since.

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