Market Updates

End of Day – Thu 10 Feb


Listen Later

  •  The ASX 200 closes up 20 points to 7289 (0.3%). Strong start on NAB results evaporates as US CPI in focus. NAB results positive firing up the sector again with the Big Bank Basket up to $180.78 (1.7%). NAB rose 4.5%. MQG still under some pressure post result down 2.2%. MFG rallying a little despite platform woes. Insurers under pressure with QBE down 1.0% and SUN off 1.9%. Industrials flat with COL down 1.4% and WOW off 0.7%. Travel stocks mixed, QAN down 2.4% more flights more expensive fuel perhaps? WEB and FLT mixed. Tech stocks doing ok with SQ2 the stand-out up 9.7% as Block rallied in US. The All-Tech Index up 1.0%. 
  • Miners were mixed BHP down 0.1% and FMG rising 4.0%. Lithium stocks firmed with PLS up 1.2% and MIN bouncing back 3.6%. Gold miners going nowhere and energy stocks losing some oomph with STO down 0.9% and WPL off 1.0%. 
  • In corporate news, NAB was the stand-out with better than expected results. CIM dropped 7.1% on plenty of work but not plenty of profit. ASX lost 3.8% and a CEO for no reason. NST down 0.5% on its results. Not much on the economic front with US CPI tonight. Asian stocks Japan up 0.3% and China down 0.5%. 10-year yields steady at 2.09%

 
Why not sign up for a free trial? Get access to expert insights and independent research and become a better investor.

...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

16 Listeners

Motley Fool Money by LiSTNR

Motley Fool Money

82 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

20 Listeners

The Money Puzzle by The Australian

The Money Puzzle

45 Listeners

Your Wealth by NAB

Your Wealth

8 Listeners

The Rules of Investing by Livewire Markets

The Rules of Investing

13 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

61 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

21 Listeners

Buy Hold Sell, by Livewire Markets by Livewire Markets

Buy Hold Sell, by Livewire Markets

5 Listeners

Podcast Archive by Marcus Today

Podcast Archive

0 Listeners

FEAR & GREED | Business News by Fear and Greed

FEAR & GREED | Business News

11 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

36 Listeners

On the Couch by Marcus Today

On the Couch

4 Listeners

Chanticleer by Australian Financial Review

Chanticleer

22 Listeners

The Fin by Australian Financial Review

The Fin

20 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

7 Listeners