EPISODE · Jul 12, 2021 · 13 MIN
The S&P/ASX200 closed up Monday on light volumes, gaining 60 points or 0.83% to 7,333.
from The COB from ausbiz
The S&P/ASX200 closed up Monday on light volumes, gaining 60 points or 0.83% to 7,333. China's unexpectedly agro rate cut over the weekend gave a nip of nitro to global markets, eclipsing Greater Sydney's Greater COVID-19 problem and the dread of a lingering lockdown. The materials sector, led by BHP (3.8%) drove strong returns on the PBOC's surprise, while the major banks also rose. Australian Pharmaceutical Industries went all Branson (up 20%) on the back of a $680 million offer from Wesfarmers. Tomorrow is Tuesday and that's alright.Check out our top three Outs from todayMathan's three sectors to buyNeedle in a haystack; how to find valuable stocks in an overvalued marketThe M&A battleground heats up with Wesfarmers gunning for API Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
The S&P/ASX200 closed up Monday on light volumes, gaining 60 points or 0.83% to 7,333. China's unexpectedly agro rate cut over the weekend gave a nip of nitro to global markets, eclipsing Greater Sydney's Greater COVID-19 problem and the dread of a lingering lockdown. The materials sector, led by BHP (3.8%) drove strong returns on the PBOC's surprise, while the major banks also rose. Australian Pharmaceutical Industries went all Branson (up 20%) on the back of a $680 million offer from Wesfarmers. Tomorrow is Tuesday and that's alright.Check out our top three Outs from todayMathan's three sectors to buyNeedle in a haystack; how to find valuable stocks in an overvalued marketThe M&A battleground heats up with Wesfarmers gunning for API Hosted on Acast. See acast.com/privacy for more information.
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The S&P/ASX200 closed up Monday on light volumes, gaining 60 points or 0.83% to 7,333.
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