EPISODE · Oct 21, 2021 · 13 MIN
Perpetual takes charge as the local market wanes
from The COB from ausbiz
It was a flat Thursday on the share market. Sentiment was 'meh' - with energy a drag, despite the positive lead from Wall Street, where quarterly earnings continue to impress. Thermal coal futures in China have fallen 20% in two days on the threat of government intervention. The financials made headlines, with fund manager Perpetual surging close to 8% as its FUM passed the $100 billion mark. And investors saw value in the perpetually beaten down AMP. Flight Centre plummeted close to 6 per cent on news of a $400 million capital raise and A2 milk soured on reports it's facing a second class action claim.Our top three VODs: Where does Bitcoin go from here?EV is Tesla's world. Everyone else is paying rentJason's riding this bull market | the trade Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
It was a flat Thursday on the share market. Sentiment was 'meh' - with energy a drag, despite the positive lead from Wall Street, where quarterly earnings continue to impress. Thermal coal futures in China have fallen 20% in two days on the threat of government intervention. The financials made headlines, with fund manager Perpetual surging close to 8% as its FUM passed the $100 billion mark. And investors saw value in the perpetually beaten down AMP. Flight Centre plummeted close to 6 per cent on news of a $400 million capital raise and A2 milk soured on reports it's facing a second class action claim.Our top three VODs: Where does Bitcoin go from here?EV is Tesla's world. Everyone else is paying rentJason's riding this bull market | the trade Hosted on Acast. See acast.com/privacy for more information.
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Perpetual takes charge as the local market wanes
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