EPISODE · Sep 9, 2021 · 13 MIN
The S&P/ASX200 closed sharply lower Thursday, dropping 143 points or 1.9% to 7,370, as fears of a global pullback coalesced into some broad-based selling here at home
from The COB from ausbiz
The S&P/ASX200 closed sharply lower Thursday, dropping 143 points or 1.9% to 7,370, as fears of a global pullback coalesced into some broad-based selling here at home. Almost $50 billion of value was wiped off the local index in it's worst session in months. Every sector lower, the materials, banks and consumer stocks among the hardest hit. Of the laggards, Virgin Money UK (VUK) down 8.4% took the cake, while on the flip side, Resmed (RMD) gaining an unlikely 1.9%.Our top three VODs: Kyle Macintyre's three post-reporting season themes with the stocks to matchThursday, bloody Thursday and Luke goes fishingMarcus' cheesy call on Bega Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
The S&P/ASX200 closed sharply lower Thursday, dropping 143 points or 1.9% to 7,370, as fears of a global pullback coalesced into some broad-based selling here at home. Almost $50 billion of value was wiped off the local index in it's worst session in months. Every sector lower, the materials, banks and consumer stocks among the hardest hit. Of the laggards, Virgin Money UK (VUK) down 8.4% took the cake, while on the flip side, Resmed (RMD) gaining an unlikely 1.9%.Our top three VODs: Kyle Macintyre's three post-reporting season themes with the stocks to matchThursday, bloody Thursday and Luke goes fishingMarcus' cheesy call on Bega Hosted on Acast. See acast.com/privacy for more information.
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The S&P/ASX200 closed sharply lower Thursday, dropping 143 points or 1.9% to 7,370, as fears of a global pullback coalesced into some broad-based selling here at home
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