EPISODE · Jul 4, 2022 · 11 MIN
Eleven sector heaven 😇
from The COB from ausbiz
Banks and miners helped the local market snap a three day losing streak, even as investors eye a likely 50 basis point rate hike from the RBA tomorrow. The S&P/ASX200 closed the session off its highs, but put on a respectable 1.1% to 6,613. All 11 sectors ended higher with energy the best performer +2.6%, and materials +0.5% despite Dailan iron ore futures extending losses to a third session. It was a fairly quiet day for corporate news, though Link Administration rejected Dye & Durham's lower takeover bid and shed -0.26%, while Volpara's share price surged +21% after inking a contract with a US imaging service provider. US markets are closed for Independence Day. Our top three VODs:BARRENJOEY'S CASE FOR BUYING GROWTH STOCKSBONDS WITH STOCK-LIKE RETURNSNON-DISCRETIONARY SECTOR LEADS AS TELECOMS FALL Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Banks and miners helped the local market snap a three day losing streak, even as investors eye a likely 50 basis point rate hike from the RBA tomorrow. The S&P/ASX200 closed the session off its highs, but put on a respectable 1.1% to 6,613. All 11 sectors ended higher with energy the best performer +2.6%, and materials +0.5% despite Dailan iron ore futures extending losses to a third session. It was a fairly quiet day for corporate news, though Link Administration rejected Dye & Durham's lower takeover bid and shed -0.26%, while Volpara's share price surged +21% after inking a contract with a US imaging service provider. US markets are closed for Independence Day. Our top three VODs:BARRENJOEY'S CASE FOR BUYING GROWTH STOCKSBONDS WITH STOCK-LIKE RETURNSNON-DISCRETIONARY SECTOR LEADS AS TELECOMS FALL Hosted on Acast. See acast.com/privacy for more information.
NOW PLAYING
Eleven sector heaven 😇
No transcript for this episode yet
Similar Episodes
Mar 26, 2026 ·1m
Mar 19, 2026 ·34m
Feb 18, 2026 ·11m
Feb 11, 2026 ·45m