Market Updates

End of Day Report - Wed 22 Dec


Listen Later

  • The ASX 200 meanders to 10 points gain to close at 7365 (0.13%). Volumes are drying up as we head into Xmas. Banks under a little pressure with the Big Bank Basket unchanged at $176.62. MFG still under pressure, down 3.1% but volatility diminishes. CHC has taken out 50% of Paradice making valuations interesting. CHC down 7.5% on the news. REITS slipped lower as GPT down 1.3% and MGR down 0.7%. Healthcare mixed, CSL, a standout again, up 1.2% and EBO up 4.2% and RMD up 1.4%. 
  • Industrials mixed, WOW and COL eased around 0.7%, ALL rose 1.1%, DMP steadied, and travel stocks pushed higher FLT up 2.1% on Omicron news. Tech stocks better led by APT up 5.4% and XRO rallying 2% with the All-Tech Index up 2%. 
  • Big iron ore miners pulled back, RIO down 2.0% after a South American lithium acquisition, BHP off 0.8% and FMG falling 1.8%. Gold miners fell and lithium stocks saw gains after a broker upgrade on commodity prices. 
  • In corporate news, LNK had a bid at 550c rising 15.0%, CHC bought 50% of Paradise, no paving and STP fell 34.9 % on a trading downdate. PPS rose 2.1% after selling its troubled international assets to Morningstar. Nothing on the economic front. Asia markets modestly weaker and 10-year yields back up to 1.60%


MT Christmas Advent Sale! This works like an advent calendar – we’ll be revealing a new sale offer for you every other day until Christmas and you have two days to redeem each offer. Once it’s gone, it’s gone forever!

Find out what is on offer today.

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

Market UpdatesBy Marcus Today


More shows like Market Updates

View all
CommSec Market Update by CommSec

CommSec Market Update

9 Listeners

Motley Fool Money by LiSTNR

Motley Fool Money

93 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

19 Listeners

The Money Puzzle by The Australian

The Money Puzzle

46 Listeners

Your Wealth by NAB

Your Wealth

5 Listeners

The Rules of Investing by Livewire Markets

The Rules of Investing

12 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

58 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

22 Listeners

Buy Hold Sell, by Livewire Markets by Livewire Markets

Buy Hold Sell, by Livewire Markets

4 Listeners

Podcast Archive by Marcus Today

Podcast Archive

0 Listeners

FEAR & GREED | Business News by Fear and Greed

FEAR & GREED | Business News

9 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

25 Listeners

On the Couch by Marcus Today

On the Couch

7 Listeners

Chanticleer by Australian Financial Review

Chanticleer

8 Listeners

The Fin by Australian Financial Review

The Fin

17 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

3 Listeners