We also discussed some aspects of the Banking Royal Commission. There were several comments on the prosecutors we have seen in the news displaying their great delivery of questions to the large investment and financial companies. We considered a few possible outcomes and realised that there could be much more information to unfold before the Commission is over.
The end of April marked a third of the year of 2018 and because of that we chose to look at the progress that various Sectors of the Share Market have made to that date. We looked at some Large cap stocks, Mid range stocks and Small cap stocks in the Energy, Materials and Health Care sectors which had out performed many other stocks in those sectors and the rest of the Market.