A choppy day for the ASX, closing 0.3% in the green; stock of the day is SUL...

A choppy day for the ASX200, which finally closed 0.3% in the green. Data from Morgan Stanley today re-affirmed the ASX's status as the global laggard in terms of both AUD and USD returns, as a function of the domination of the big four banks. A impressive FY20 result for Fortescue Metals (FMG), with net profit up 49% to $4.74 billion. A new week, a new record high for Afterpay, after announcing it will expand into the EU after the $82 million purchase of Spanish fintech, Pagantis. Not surprisingly, futures point to a positive open for Wall St tonight. Since the middle of April, the S&P500 has risen on a Monday every week bar one. Our top three VODS are:Strong under the hoodG8 Education CEO more confident than ever now that occupancy has recoveredCEO Chat: I don't see normal coming for a long time Hosted on Acast. See acast.com/privacy for more information.