The COB from ausbiz

Fourth day's a loser


Listen Later

The local market extended its losing streak ending the day down 0.57%; not great but it would have been much worse without the miners. Fortescue ended the day 8% higher, it seems green (hydrogen) is its colour. That being said, the commodities complex in general improved on improved sentiment around China's property market. In fact, the top five performers by market cap and percentage points were in metals and mining, with gold also a standout. Xero was the worst performer by percentage change, down +12% (see stock of the day,) the info tech sector proving the biggest weight overall.

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