Thin volumes, fresh highs 🍃 episode artwork

EPISODE · Apr 19, 2022 · 10 MIN

Thin volumes, fresh highs 🍃

from The COB from ausbiz

The major miners kicked off a solid start to the holiday-shortened week, subsequently joined by energy and gold names. The big hitters Rio and BHP both closed higher, with a weaker Australian dollar boosting exporters more broadly. It was quite the mixed bag at the top of the ladder. Imugene added 8% on no news, followed by Cleanaway closing up nearly 6%, oil and gold names thereafter featured in the top 10. Volumes were slim, it must be said. Surging bond yields in the US weighed on tech, and Aussie non-profit names copped the brunt, with Block, Xero and City Chic resting at the bottom of the ladder. The RBA Board reiterated rate hikes are coming after a few more key data reports. Markets are already fully priced for a June hike. Overall, the S&P/ASX200 reached 7565 by the close, up 0.6%.Our top three VODs: Three stocks for these challenging timesCatching up on US quarterlies so farFinding the way through Carl's Macro Micro Crypto charts Hosted on Acast. See acast.com/privacy for more information.

The major miners kicked off a solid start to the holiday-shortened week, subsequently joined by energy and gold names. The big hitters Rio and BHP both closed higher, with a weaker Australian dollar boosting exporters more broadly. It was quite the mixed bag at the top of the ladder. Imugene added 8% on no news, followed by Cleanaway closing up nearly 6%, oil and gold names thereafter featured in the top 10. Volumes were slim, it must be said. Surging bond yields in the US weighed on tech, and Aussie non-profit names copped the brunt, with Block, Xero and City Chic resting at the bottom of the ladder. The RBA Board reiterated rate hikes are coming after a few more key data reports. Markets are already fully priced for a June hike. Overall, the S&P/ASX200 reached 7565 by the close, up 0.6%.Our top three VODs: Three stocks for these challenging timesCatching up on US quarterlies so farFinding the way through Carl's Macro Micro Crypto charts Hosted on Acast. See acast.com/privacy for more information.

NOW PLAYING

Thin volumes, fresh highs 🍃

0:00 10:49

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of The COB from ausbiz?

This episode is 10 minutes long.

When was this The COB from ausbiz episode published?

This episode was published on April 19, 2022.

What is this episode about?

The major miners kicked off a solid start to the holiday-shortened week, subsequently joined by energy and gold names. The big hitters Rio and BHP both closed higher, with a weaker Australian dollar boosting exporters more broadly. It was quite the...

Can I download this The COB from ausbiz episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!