Macquarie Names Eight Australian Stocks for a Relief Rally -- Market Talk
Dow Jones
Yesterday
2235 GMT - Macquarie thinks fading fear about Iran and oil prices, combined with generally strong global data, should support improving equity sentiment. It says peak panic related to oil prices could have been on March 9. "For exposure to a relief rally, we favor stocks that fell more than 10% since Operation Fury began, but had EPS upgrades coming out of results," Macquarie says. It promotes Sandfire Resources, ALS, James Hardie, Hub24, Downer EDI, Brambles, Qantas and Charter Hall as ideas. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
March 18, 2026 18:35 ET (22:35 GMT)
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