Nomad Building Solutions Limited
ASX:NOD ISIN:AU000000NOD1
Nomad Modular Building Limited (ASX:NOD) is an Australian public listed company, specialising in quality modular building solutions. Nomad manufacture high calibre modular buildings that are capable of coping with the stringent demands of the resources, construction, retirement, tourism and domestic building sectors.
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Yesterday the Australian sharemarket gained as the Chinese government released a report showing that China's exports jumped 17.7 per cent in December. The Australian dollar was stronger on Monday on the positive Chinese trade data and improved domestic jobs data. The benchmark S&P/ASX200 index advanced 38.6 points, or 0.8 per cent, at 4950.7, while the broader All Ordinaries index was up 39 points, or 0.8 per cent, to 4981.2.
US shares fell overnight led by Wells Fargo. A late sell-off in financial stocks was triggered after an analyst cut his investment rating on the company, saying the quality of its earnings was pretty poor. The Federal Reserve's latest beige book, showing weak consumer spending during late summer, also weighed down the market.
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