The ASX 200 faded mid morning to close up 0.06%. It was left to the banks to save the day with weakness opening in other parts of the market.

The ASX 200 faded mid morning to close up 0.06%. It was left to the banks to save the day with weakness opening in other parts of the market. Westpac jumped more than 5% after announcing a 256% increase in profit. There was evidence of a rotation out of high flying mining stocks into some more value ends of the market. REITs and telcos performed well. Tech was hit hard again - still not able to get its mojo back despite the decline in bond yields. Our top three VODs today are: Westpac rises; The oldest bank still has new tricks says CEO Beware of COVID winners and keep your eye on the banks Buying into the unlikely winners of the reopening Watch us live and free on ausbiz.com.au Hosted on Acast. See acast.com/privacy for more information.