EPISODE · Aug 13, 2021 · 15 MIN
The S&P/ASX 200 climbed 0.54%, extending its gain over the week to 1.2%. Year-to-date, the benchmark has climbed 15.9%
from The COB from ausbiz
Another day, another record high. That’s eight on the trot.. Let the good times roll! The S&P/ASX 200 climbed 0.54%, extending its gain over the week to 1.2%. Year-to-date, the benchmark has climbed 15.9%. All sectors except materials rose during the session, led defensive areas such as utilities, healthcare and consumer staples with gains of between 0.8% to 2%. Consumer discretionary also saw strong demand, jumping 1.2%. Not every retailer had a good day, though. Just ask Baby Bunting shareholders. It slumped 4.5% despite reporting strong revenue and earnings growth. It didn’t offer guidance, however. The market didn’t like that one bit. With gains of around 5%, Star Entertainment Group, Premier Investments and Dower EDI were the top performers, the latter two assisted by upgrades to ratings and price targets from brokers.Our top three VODS today: Why John is locked on the insurersBuy QBE, sell CBA; Nick Morton's reporting season picks of the weekProperty names, Afterpay keep on delivering at Evans and Partners Hosted on Acast. See acast.com/privacy for more information.
Embed this episode
NOW PLAYING
The S&P/ASX 200 climbed 0.54%, extending its gain over the week to 1.2%. Year-to-date, the benchmark has climbed 15.9%
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.