• Christopher Hall

ASX Transportation Leaders - November 2019

Australia's leading Transportation companies are a mixture of well-known Large-Caps and and Small-Cap performers. Starting with QuickStep (QHL) being a company that we've looked at as a leading defense provider in AU is up 10%. QHL has experienced strong share price movements since the AGM late in October. Sydney Airports (SYD) up 5% and performing well after the Productivity Commission Final Report was released on 22/10/2019 - with many investors concerned about the flight cap flexibility, although the share price showing support. Transurban (TCL), another transportation large cap up 4.5%. Announced the completion of the M5 West acquisition from RMS and M5 West financiers to take TCL to 100% ownership Other strong performers and Auckland Airport (AIA) +3%, Bisalloy Steel that works on the steel manufacturing side of materials used in transportation vehicles +2.6% and Wisetech Global up 1.5% after taking a bath last month. That rounds out the top performers for this fortnight and we’ll come to you next week with the latest leading companies taking the market higher.

Arrow Securities Group
Copyright © Arrow Securities Group Pty Ltd 2018
ABN  30 165 731 144   AFSL 448218