The market hits a six 🏏

Better news on the Omicron front boosted risk appetite, and the local market ran with it in spades. Tech had another blockbuster day, closing up 2.2% at the top of the leaderboard. Zip Co closed 11% higher. Materials surged, led by the usual iron ore trio of BHP, Rio and Fortescue, the sector closing up 2%. Financials were initially left behind, but even they caught up with the sector closing up 0.9%. At stumps, the local market closed around 92 points higher, or 1.3%. Our top three VODs:The winners and losers from the latest AGM seasonThink commodities are boring? Not when we run out of food and trucks over ChristmasGovernment targets crypto platforms and payments system Hosted on Acast. See acast.com/privacy for more information.

What this episode covers

Better news on the Omicron front boosted risk appetite, and the local market ran with it in spades. Tech had another blockbuster day, closing up 2.2% at the top of the leaderboard. Zip Co closed 11% higher. Materials surged, led by the usual iron ore trio of BHP, Rio and Fortescue, the sector closing up 2%. Financials were initially left behind, but even they caught up with the sector closing up 0.9%. At stumps, the local market closed around 92 points higher, or 1.3%. Our top three VODs:The winners and losers from the latest AGM seasonThink commodities are boring? Not when we run out of food and trucks over ChristmasGovernment targets crypto platforms and payments system Hosted on Acast. See acast.com/privacy for more information.

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This episode was published on December 8, 2021.

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