Evolution rapidly evolving

It was a bit of a bumpy ride for the local bourse today, finally ending up 0.1%. The REITS and consumer staple sectors lent strength, with energy and financials the laggards. The Commonwealth Bank share price lost another 1.3% with some investors warning against investing in the big banks. Mesoblast was the worst performer down 3.6%, but that didn't stop its CEO from joining us. Evolution was the best performer up 10% after buying the Ernest Henry Mining from Glencore for $730M. It appears all that glitters is not just gold with the mine set to increase Evolution's copper exposure. Friday tomorrow!   Hosted on Acast. See acast.com/privacy for more information.

What this episode covers

It was a bit of a bumpy ride for the local bourse today, finally ending up 0.1%. The REITS and consumer staple sectors lent strength, with energy and financials the laggards. The Commonwealth Bank share price lost another 1.3% with some investors warning against investing in the big banks. Mesoblast was the worst performer down 3.6%, but that didn't stop its CEO from joining us. Evolution was the best performer up 10% after buying the Ernest Henry Mining from Glencore for $730M. It appears all that glitters is not just gold with the mine set to increase Evolution's copper exposure. Friday tomorrow! Hosted on Acast. See acast.com/privacy for more information.

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This episode was published on November 18, 2021.

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