Investment Matters

What matters this week: not much

It's been a quiet week.

Of the Twenty Leaders:

QBE was up over 5%, as the prospect of higher interest rates boosted the possibility of higher returns on its reserves.

Telstra rose over 4% on the possibility of share-buyback.

On the other side of the ledger, BHP and Rio eased a little on profit taking after last week's big bounce.

Otherwise corporate news was in the Ws: Woolworths' problem child, Big W, slid deeper into the mire, with the sudden resignation of its CEO, Sally Macdonald.  And Wesfarmers is looking to exit the coal business, putting its two east coast coal mines on the auction block.