EPISODE · Mar 8, 2022 · 8 MIN
Market loses energy ⚡
from The COB from ausbiz
The local market fell alongside the rain today, with the ASX/S&P200 closed 58 points lower, or -0.8% The top of the ASX200 ladder was St Barbara, closing 9% higher. While the gold price nudged $2000oz, there were M&A whispers as well. At the bottom of a big heap was BlueScope, despite a broker upgrade, kept company by South32. Defying flat-yield-curve logic, financials closed higher. Healthcare closed to 2% as CSL rebounded over 3% after yesterday’s brief ex-dividend thump.Our top three VODs:Two stocks where buy the dip doesn't applyIs it too late to get into energy?Six stocks, three commodities, one supercycle Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
The local market fell alongside the rain today, with the ASX/S&P200 closed 58 points lower, or -0.8% The top of the ASX200 ladder was St Barbara, closing 9% higher. While the gold price nudged $2000oz, there were M&A whispers as well. At the bottom of a big heap was BlueScope, despite a broker upgrade, kept company by South32. Defying flat-yield-curve logic, financials closed higher. Healthcare closed to 2% as CSL rebounded over 3% after yesterday’s brief ex-dividend thump.Our top three VODs:Two stocks where buy the dip doesn't applyIs it too late to get into energy?Six stocks, three commodities, one supercycle Hosted on Acast. See acast.com/privacy for more information.
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Market loses energy ⚡
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