EPISODE · Aug 12, 2021 · 9 MIN
The market closed at another record high. That makes it seven days in a row. Relentless. The S&P/ASX 200 rose 0.05%, helped by a late flurry of buying. The Chi-X 200 eased 0.07%
from The COB from ausbiz
The market closed at another record high. That makes it seven days in a row. Relentless. The S&P/ASX 200 rose 0.05%, helped by a late flurry of buying. The Chi-X 200 eased 0.07%. It was telecommunications’ turn to lead the push higher, driven by a 3.4% surge in Telstra shares following its full year results. The broader sector added 2.3%. Consumer staples, consumer discretionary, energy and industrials also added more than 0.5%, helping to offset weakness in tech, utilities and healthcare. Like Telstra, Graincorp, QBE and Downer EDI shares also outperformed on the back of their results. Graincorp topped the pops, jumping 11.2%. AGL didn’t fare quite so well, slumping 4.9%. Earnings season continues tomorrow with Baby Bunting and 3P Learning stepping up to the plate. Our top three VODs today: T22 and beyond; Telstra on track for future growth Cyclicals are back and Kyle is buying! Winchester's winners this reporting season Hosted on Acast. See acast.com/privacy for more information.
Embed this episode
Ready to play
The market closed at another record high. That makes it seven days in a row. Relentless. The S&P/ASX 200 rose 0.05%, helped by a late flurry of buying. The Chi-X 200 eased 0.07%
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.