The ASX 200 bounced back from a mid day drop but still closed down 0.11% in what has been a strong month so far.

The ASX 200 bounced back from a mid day drop, but still closed down 0.11% in what has been a strong month so far. Perhaps surprising, given the amount of uncertainty out there and the fact that October is traditionally a pretty weak month.Miners and tech were down today while energy and banks led the gainers. Seems to be some excitement coming into the banking sector with the prospect of more cheap money if the RBA cuts rates as expected next month.Our top three VODs are:Julia Lee: IPOs are a sign of confidence in the marketMiramar makes its ASX debut but still wants the WA border shutPEXA: We haven't seen property market confidence this low in 20 yearsHave a great weekend! Hosted on Acast. See acast.com/privacy for more information.

What this episode covers

The ASX 200 bounced back from a mid day drop, but still closed down 0.11% in what has been a strong month so far. Perhaps surprising, given the amount of uncertainty out there and the fact that October is traditionally a pretty weak month.Miners and tech were down today while energy and banks led the gainers. Seems to be some excitement coming into the banking sector with the prospect of more cheap money if the RBA cuts rates as expected next month.Our top three VODs are:Julia Lee: IPOs are a sign of confidence in the marketMiramar makes its ASX debut but still wants the WA border shutPEXA: We haven't seen property market confidence this low in 20 yearsHave a great weekend! Hosted on Acast. See acast.com/privacy for more information.

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This episode was published on October 23, 2020.

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