After starting the day with a healthy kick along from our American cousins buying the dip, the local market lost a bit of enthusiasm in the afternoon session and closed up 0.4%. Not surprisingly, tech stocks led the gainers with gold miners also up. Myer was down 15% after reporting a $172 million full-year loss, while Sigma Healthcare was up 2% after reporting a half-year profit of $10.6 million. S&P futures are currently up 0.1%, with the expectation of more volatility on Wall St tonight. It looks like the tech rout might not be over just yet. Out top three VODs today are:
Credit Suisse: We're comfortable being exposed to 'beaten up' stocks
"We absolutely believed in the strategy we pursued... but the market punished us"
A green letter day in pot stock history
Hosted on Acast. See acast.com/privacy for more information.
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By ausbizAfter starting the day with a healthy kick along from our American cousins buying the dip, the local market lost a bit of enthusiasm in the afternoon session and closed up 0.4%. Not surprisingly, tech stocks led the gainers with gold miners also up. Myer was down 15% after reporting a $172 million full-year loss, while Sigma Healthcare was up 2% after reporting a half-year profit of $10.6 million. S&P futures are currently up 0.1%, with the expectation of more volatility on Wall St tonight. It looks like the tech rout might not be over just yet. Out top three VODs today are:
Credit Suisse: We're comfortable being exposed to 'beaten up' stocks
"We absolutely believed in the strategy we pursued... but the market punished us"
A green letter day in pot stock history
Hosted on Acast. See acast.com/privacy for more information.
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