Another choppy day on the ASX, which saw the ASX 200 soar to 7,136 late morning before drifting back down to close at 7,092.5 - 0.3% down. The tech names were the big winners (re-rotation anyone?) while the miners (except for gold), healthcare and REITs were the laggards. Comm Bank cracked the $100 barrier before closing at $99.58 - banks as a whole closed flat. Across the ditch, the RBNZ declared it would begin raising rates next year with a target of 2% by 2024. Only six months ago the RBNZ was looking at negative rates! The announcement prompted a lift in the Aussie dollar and 10-year yields. Our top three VODs today are:
Kyle's four names to cash in on the sticky inflation trade
Three stocks to watch - with an Auckland twist
Josh crushes the crypto calls | the trade
Hosted on Acast. See acast.com/privacy for more information.
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By ausbizAnother choppy day on the ASX, which saw the ASX 200 soar to 7,136 late morning before drifting back down to close at 7,092.5 - 0.3% down. The tech names were the big winners (re-rotation anyone?) while the miners (except for gold), healthcare and REITs were the laggards. Comm Bank cracked the $100 barrier before closing at $99.58 - banks as a whole closed flat. Across the ditch, the RBNZ declared it would begin raising rates next year with a target of 2% by 2024. Only six months ago the RBNZ was looking at negative rates! The announcement prompted a lift in the Aussie dollar and 10-year yields. Our top three VODs today are:
Kyle's four names to cash in on the sticky inflation trade
Three stocks to watch - with an Auckland twist
Josh crushes the crypto calls | the trade
Hosted on Acast. See acast.com/privacy for more information.
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