The local bourse recovered from a morning dive into the red to close up 0.8% as news came out that short positions in GameStop had been substantially reduced and start-of-month flows kicked in.

The local bourse recovered from a morning dive into the red to close up 0.8% as news came out that short positions in GameStop had been substantially reduced and start-of-month flows kicked in. Also contributing was positive housing finance data, both for owner-occupiers and investors, pointing to an expansion of credit growth, which pushed financials up 0.9%. Healthcare and the miners also had a good day with industrials, utilities and tech finishing in the red. Our top three VODs today are:McCarthy: GameStop is not the start of a revolutionThree ways to play the silver tradePick a company and squeezeCatch us live and free at ausbiz.com.au Hosted on Acast. See acast.com/privacy for more information.