The COB from ausbiz

BHP digs into gains ⛏️


Listen Later

It was another soggy resources day, balanced out by upbeat financials adding over 1%. BHP’s quarterly production miss and soggy guidance sparked a 3% selloff. In contrast, Challenger (up 8%) and Brambles’ (up 9.8%) quarterly updates were well received by the market. A broker nod saw Viva Energy add nearly 5%. Tech had a nasty day, the sector shedding 1.8%. There was a 7% slide in poster child Block, but the wooden spoon went to the 21% slump in Megaport. The S&P/ASX200 was edging ever closer to the August record high of 7628.9, until that pesky sell on close, ending the day at 7,593.


Our top three VODs:

Three Satellite ETFs for your portfolio

Netflix, the NASDAQ, and the tyranny of endless growth

Has the tech sell-off gone too far?

Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

The COB from ausbizBy ausbiz


More shows like The COB from ausbiz

View all
CommSec Market Update by CommSec

CommSec Market Update

9 Listeners

Motley Fool Money by LiSTNR

Motley Fool Money

94 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

14 Listeners

The Money Puzzle by The Australian

The Money Puzzle

47 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

63 Listeners

The Rules of Investing by Livewire Markets

The Rules of Investing

13 Listeners

Your Wealth by NAB

Your Wealth

8 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

17 Listeners

Buy Hold Sell, by Livewire Markets by Livewire Markets

Buy Hold Sell, by Livewire Markets

3 Listeners

The Call from ausbiz by ausbiz

The Call from ausbiz

7 Listeners

FEAR & GREED | Business News by Fear and Greed

FEAR & GREED | Business News

10 Listeners

Investing Compass by Morningstar Australia

Investing Compass

26 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

37 Listeners

Chanticleer by Australian Financial Review

Chanticleer

18 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

4 Listeners