The local market has ended in positive territory after being positively terrible for most of the day... episode artwork

EPISODE · Apr 23, 2021 · 13 MIN

The local market has ended in positive territory after being positively terrible for most of the day...

from The COB from ausbiz

The local market has ended in positive territory after being positively terrible for most of the day. The S&P/ASX 200 managed to dig a 0.2% hole in early trade, which it then spent the rest of the arvo climbing out of. The spectacle that has become AMP rose sharply then slid again on the same news - the demerger that thrilled investors for about 5 minutes quickly morphed into disappointment, uncertainty and ultimately a kind of exhausted disinterest, ending up about 0.6%. And then somewhere around lunchtime the Age of the Online Retailers - the idea-whose-time-has-come of the Covid-19 pandemic - ended. Kogan dropping some 13.7% and no-one batted an eyelid. Not even Ruslan. Our top three VODs are:Buy 'quality laggards' in this marketBoys with their toys; ARB is top on Chris' listThis is no game; why investors may want a second look at gaming stocks Hosted on Acast. See acast.com/privacy for more information.

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The local market has ended in positive territory after being positively terrible for most of the day...

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