The S&P/ASX200 closed significantly lower Wednesday, shedding 52.1 points or -0.73% to 7044.90 after setting then forgetting its 52-week high of a few days earlier...

The S&P/ASX200 closed significantly lower Wednesday, shedding 52.1 points or -0.73% to 7044.90 after setting then forgetting its 52-week high of a few days earlier. Much of note, little of consequence as local stocks deteriorated into the afternoon, despite a contrarian rally from the oft-whacked tech sector. Elsewhere it was inflation angst, budget blues and even a little equity ennui. A day where wholly inoffensive names like energy network operator AusNet Services crashed 7.7%. And where Resolute Mining climbed an impressive 6.4% for no reason I can readily Google. Our top three VODs are:Dean Fergie: The IPO supernova is fadingAustralia needs a "big vision"The investors' guide to playing the infrastructure cash splash Hosted on Acast. See acast.com/privacy for more information.